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CMOC Group (CMCLF): New Buy Recommendation for This Basic Materials Giant
In a report released yesterday, from First Shanghai Securities maintained a Buy rating on CMOC Group, with a price target of HK$25.74. The company’s shares closed yesterday at HK$19.61.
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Currently, the analyst consensus on CMOC Group is a Strong Buy with an average price target of HK$24.09, a 22.87% upside from current levels. In a report released on April 3, Jefferies also maintained a Buy rating on the stock with a HK$25.00 price target.
CMCLF market cap is currently HK$476.7B and has a P/E ratio of 18.57.
Read More on CMCLF:
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- CMOC Group Sets April Board Meeting to Approve First-Quarter 2026 Results
- CMOC Seeks Shareholder Mandate for Up to 10% A and H Share Buyback
- CMOC Group Updates Final Dividend Plan and Tax Details for 2025 Payout
- CMOC Group Sets 2025 AGM to Vote on Capital, Dividend and Funding Mandates
- CMOC Group Seeks Shareholder Approval for Governance-Driven Charter Amendments
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