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Wuxi Biologics (Cayman) (WXIBF) Receives a Buy from Bank of China

Tipranks - Sat Mar 28, 12:48AM CDT

In a report released yesterday, from Bank of China maintained a Buy rating on Wuxi Biologics (Cayman), with a price target of HK$37.00. The company’s shares closed last Wednesday at HK$31.54.

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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Wuxi Biologics (Cayman) with a HK$45.23 average price target, representing a 43.41% upside. In a report released yesterday, CMB International Securities also maintained a Buy rating on the stock with a HK$39.00 price target.

WXIBF market cap is currently HK$130.5B and has a P/E ratio of 11.12.

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