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CK Hutchison Holdings (CKHUF) Receives a Buy from UBS
In a report released on August 4, from UBS maintained a Buy rating on CK Hutchison Holdings, with a price target of HK$101.00. The company’s shares closed last Wednesday at HK$74.00.
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Currently, the analyst consensus on CK Hutchison Holdings is a Strong Buy with an average price target of HK$87.30.
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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