CMB International Securities Sticks to Its Buy Rating for Baozun, Inc. Class A (9991)
In a report released on December 2, from CMB International Securities maintained a Buy rating on Baozun, Inc. Class A, with a price target of HK$9.91. The company’s shares closed yesterday at HK$7.29.
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Currently, the analyst consensus on Baozun, Inc. Class A is a Hold with an average price target of HK$9.76.
Based on Baozun, Inc. Class A’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of HK$2.55 billion and a GAAP net loss of HK$33.96 million. In comparison, last year the company earned a revenue of HK$2.39 billion and had a GAAP net loss of HK$30.62 million
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