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

Tipranks - Fri Mar 13, 1:38AM CDT

Guotai Haitong analyst maintained a Buy rating on Contemporary Amperex Technology Co., Limited Class H yesterday and set a price target of HK$656.00.

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In a report released yesterday, TipRanks – OpenAI also upgraded the stock to a Buy with a HK$622.00 price target.

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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