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HSBC Sticks to Their Buy Rating for CK Hutchison Holdings (CKHUF)
HSBC analyst maintained a Buy rating on CK Hutchison Holdings on July 16 and set a price target of HK$89.30. The company’s shares closed last Tuesday at HK$70.45.
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.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for CK Hutchison Holdings with a HK$86.32 average price target.
Based on CK Hutchison Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$140.91 billion and a net profit of HK$10.99 billion. In comparison, last year the company earned a revenue of HK$144.9 billion and had a net profit of HK$6.88 billion
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