Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
02007 COUNTRY GARDEN
RTNominal up9.540 +0.050 (+0.527%)
Research Report

27/08/2020 09:42

{I-bank focus}Goldman raises Country Garden (02007) to HK$13

[ET Net News Agency, 27 August 2020] Goldman Sachs raised its target price for Country
Garden Holdings (02007) to HK$13 from HK$11.7 and maintained its "buy" rating.
The research house said Country Garden's 1H core profit (excluding post-tax revaluation
gains, FX impact, loss on early redemption of notes, fair value changes of derivatives) of
Rmb14.61bn accounts for 33% of FY2020 Goldman's estimates.
With management's upbeat sales growth guidance (10% to 20% growth over the next three
years) and a strong project pipeline in the coming months, Goldman raised its attributable
sales forecast in 2020 to Rmb608bn (representing 10% growth).
Factoring in the latest project acquisitions, Goldman revised up its 2020-22 underlying
EPS forecasts by 0%/1%/6%. (KL)

Remark: Real time quote last updated: 30/10/2020 17:59
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2020 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.