Wuxi Biologics (Cayman) (WXIBF) Gets a Buy from UBS
In a report released on March 25, from UBS maintained a Buy rating on Wuxi Biologics (Cayman), with a price target of HK$49.30. The company’s shares closed last Wednesday at HK$33.14.
Claim 30% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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, which is a 36.49% upside from current levels. In a report released yesterday, CMB International Securities also maintained a Buy rating on the stock with a HK$39.00 price target.
Based on Wuxi Biologics (Cayman)’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of HK$9.95 billion and a net profit of HK$2.34 billion. In comparison, last year the company earned a revenue of HK$8.57 billion and had a net profit of HK$1.5 billion
Read More on WXIBF:
Disclaimer & DisclosureReport an Issue
- WuXi Biologics: Robust Backlog, High-Margin Growth Drivers, and Capacity Expansion Underpin Buy Rating
- Wuxi Biologics Grants 25.6 Million Restricted Shares Under Incentive Scheme
- WuXi Biologics Schedules Briefings on 2025 Annual Results for Global Investors
- Wuxi Biologics Delivers Strong 2025 Profit Growth as Project Portfolio Expands
- WuXi Biologics Forecasts Strong 2025 Profit Growth on Expanded Services and Efficiency Gains
