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DBS Sticks to Its Buy Rating for KE Holdings, Inc. Class A (2423)

Tipranks - Tipranks - Wed Mar 11, 2:42AM CDT

DBS analyst Ben Wong reiterated a Buy rating on KE Holdings, Inc. Class A today and set a price target of HK$51.68.

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According to TipRanks, Wong is a 4-star analyst with an average return of 8.9% and a 53.66% success rate. Wong covers the Real Estate sector, focusing on stocks such as China Resources Land, KE Holdings, Inc. Class A, and Longfor Group Holdings.

Currently, the analyst consensus on KE Holdings, Inc. Class A is a Strong Buy with an average price target of HK$55.30.

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Based on KE Holdings, Inc. Class A’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of HK$23.05 billion and a net profit of HK$749.28 million. In comparison, last year the company earned a revenue of HK$22.58 billion and had a net profit of HK$1.17 billion

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