Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
03690 MEITUAN-W
RTNominal up290.000 +1.200 (+0.416%)
Research Report

29/03/2021 16:28

{I-bank focus}CLSA trims Meituan (03690) to HK$500; "buy"

[ET Net News Agency, 29 March 2021] CLSA trimmed its target price for Meituan (03690)
to HK$500 from HK$536 and maintained its "buy" rating.
The research house said Meituan's 4Q 2020 results beat expectations for all segments.
Revenue will likely grow about 120% YoY in 1Q 2021 but adjusted LBIT could widen to
Rmb5.3bn, given rapid Meituan Select expansion.
Food and in-store service recovery could surprise positively while retail e-commerce
should expand user reach and addressable market. CLSA cut its 2021/21 adjusted net profit
estimates to Rmb5bn/3bn. (KL)

Remark: Real time quote last updated: 17/06/2021 16:22
  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 2021 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.