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00384 CHINA GAS HOLD
RTNominal down21.150 -0.250 (-1.168%)
Research Report

05/05/2021 17:38

{I-bank focus}Daiwa raises China Gas (00384) to HK$29.75

[ET Net News Agency, 5 May 2021] Daiwa raised its target price for China Gas (00384) to
HK$29.75 from HK$28.3 and upgraded its rating to "outperform" from "hold".
The research house said it expects management to announce bullish FY22-23 guidance for
the LPG micro-grid pipeline and city-gas M&A in its FY21 results briefing in June, which
would give investors visibility on its plan to fulfil the net-profit goals of HKD14bn for
FY22E and HKD15bn for FY23E stipulated in the share option scheme. (RC)

Remark: Real time quote last updated: 27/09/2021 17:59
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