KVH Industries, Pacific Basin Complete Hybrid Connectivity, Management Upgrade

TipRanksNov 4 08:45 ET

Daiwa: Maintains pacific basin shareholding rating, with target price adjusted down to HK$2.74.

Morgan Stanley released a research report stating that the target price of Pacific Basin (02343) for the years 2024 to 2026 is reduced by 9%, 12%, and 10% respectively to reflect weak market demand, as well as the expected decrease in equivalent benchmark revenues from on-time charter contracts for Pacific Basin's ultramax bulk carriers. Morgan Stanley mentioned that Pacific Basin is offsetting some of the negative impact by reducing the number of shares through repurchases and cancellations, and is currently lowering the target price from HK$2.76 to HK$2.74, maintaining a "shareholding" rating.

新浪港股Nov 1 02:35 ET

What Does Pacific Basin Shipping Limited's (HKG:2343) Share Price Indicate?

Simply Wall StOct 24 18:07 ET

Pacific Basin (02343) spent 1.9944 million Hong Kong dollars on repurchasing 0.866 million shares on October 21.

pacific basin (02343) announced that on October 21, 2024, the company invested 199.44...

Zhitong FinanceOct 21 05:55 ET

Hong Kong stock market anomaly | Pacific Basin (02343) rises by over 3% again, with a 12% year-on-year increase in daily average operating activity surplus to $1300.

Pacific Basin (02343) rose by over 3% again, as of the time of publication, up 3.1% at 2.33 Hong Kong dollars, with a turnover of 49.0794 million Hong Kong dollars.

Zhitong FinanceOct 21 02:41 ET

Pacific Basin Repurchases to Cancel 6.5 Million Shares

MT NewswiresOct 18 08:25 ET