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J.P. Morgan Remains a Buy on CK Hutchison Holdings (CKHUF)
In a report released on August 14, Karl Chan from J.P. Morgan maintained a Buy rating on CK Hutchison Holdings, with a price target of HK$58.00. The company’s shares closed yesterday at $6.57.
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Chan covers the Real Estate sector, focusing on stocks such as CK Asset Holdings, Link Real Estate Investment, and Hang Lung Properties. According to TipRanks, Chan has an average return of 6.5% and a 59.57% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CK Hutchison Holdings with a $7.03 average price target.
CKHUF market cap is currently $25.45B and has a P/E ratio of 26.36.
Read More on CKHUF:
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