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Nomura Adjusts Hong Kong Exchanges and Clearing's Price Target to HK$322.28 From HK$324.78, Keeps at Buy
Hong Kong Exchanges and Clearing (HKG:0388) has an average rating of outperform and price targets ranging from HK$221 to HK$360, according to analysts polled by CapitalIQ.
Nomura: Maintaining the HKEx (00388) “Buy” rating and slightly reducing the target price to HK$322.28
Nomura predicts that the first quarter revenue of the Hong Kong Stock Exchange (00388) will generally meet expectations, and profits may fall slightly below expectations, affected by declining profit margins.
Hong Kong Stock Exchange (00388.HK): Performance is in line with expectations, investment returns have risen sharply, Hong Kong stock valuations are being repaired, and liquidity is expected to increase
The performance was in line with expectations, and ADT was under pressure: the company achieved revenue and other revenue of HK$20.516 billion for the full year of 2023, an increase of 11.16% over the same period last year. Net profit attributable to mother was HK$11.862 billion, YoY
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