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DBS Reaffirms Their Buy Rating on Contemporary Amperex Technology Co., Limited Class H (3750)

Tipranks - Fri Apr 17, 3:02AM CDT

In a report released today, from DBS maintained a Buy rating on Contemporary Amperex Technology Co., Limited Class H, with a price target of HK$675.00.

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Currently, the analyst consensus on Contemporary Amperex Technology Co., Limited Class H is a Strong Buy with an average price target of HK$667.06.

Based on Contemporary Amperex Technology Co., Limited Class H’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$140.63 billion and a net profit of HK$23.17 billion. In comparison, last year the company earned a revenue of HK$102.97 billion and had a net profit of HK$14.74 billion

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