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Daiwa Keeps Their Buy Rating on BYD Co (BYDDF)

Tipranks - Wed Apr 1, 7:46PM CDT

Daiwa analyst maintained a Buy rating on BYD Co on March 30 and set a price target of HK$130.00. The company’s shares closed yesterday at HK$105.80.

End of Quarter Sale - 50% Off TipRanks

In addition to Daiwa, BYD Co also received a Buy from DBS’s Raphael Tse in a report issued yesterday. However, on March 29, TipRanks – Google reiterated a Hold rating on BYD Co (Other OTC: BYDDF).

Based on BYD Co’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$207.27 billion and a net profit of HK$8.44 billion. In comparison, last year the company earned a revenue of HK$274.85 billion and had a net profit of HK$15.02 billion

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