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Wuxi Biologics (Cayman) (WXIBF) Receives a Buy from CICC

Tipranks - Sat Mar 28, 2:40AM CDT

CICC analyst maintained a Buy rating on Wuxi Biologics (Cayman) yesterday and set a price target of HK$48.00. The company’s shares closed last Wednesday at HK$31.54.

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Wuxi Biologics (Cayman) has an analyst consensus of Strong Buy, with a price target consensus of HK$45.23, a 43.41% 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.

The company has a one-year high of HK$44.00 and a one-year low of HK$16.20. Currently, Wuxi Biologics (Cayman) has an average volume of 35.15M.

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