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CLSA Keeps Their Buy Rating on BYD Co (BYDDF)
In a report released on July 13, from CLSA maintained a Buy rating on BYD Co, with a price target of HK$120.00. The company’s shares closed yesterday at HK$83.95.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
BYD Co has an analyst consensus of Strong Buy, with a price target consensus of HK$126.97, representing a 51.24% upside. In a report released on July 13, Bernstein also maintained a Buy rating on the stock with a HK$136.00 price target.
Based on BYD Co’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of HK$150.23 billion and a net profit of HK$4.08 billion. In comparison, last year the company earned a revenue of HK$170.36 billion and had a net profit of HK$9.15 billion
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