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Morgan Stanley Sticks to Their Buy Rating for KE Holdings, Inc. Class A (2423)

Tipranks - Wed Mar 18, 7:34PM CDT

Morgan Stanley analyst maintained a Buy rating on KE Holdings, Inc. Class A on March 16 and set a price target of HK$52.00. The company’s shares closed yesterday at HK$44.54.

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Currently, the analyst consensus on KE Holdings, Inc. Class A is a Strong Buy with an average price target of HK$57.92.

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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