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<Research>BOCI Hikes CCB (00939.HK) TP to $8.5; Current Valuation Cheap
Recommend 40 Positive 66 Negative 17 |
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CCB (00939.HK)'s 3Q24 and 9M24 earnings grew by 3.8% and 0.1% YoY respectively, better than the 1.8% decline recorded in 1H24, according to a report issued by BOCI. CCB's asset quality remained stable in 9M24. In light of its cheap valuation, the broker raised its TP to $8.5 and maintained a Buy rating. AAStocks Financial News |
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