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Daiwa Remains a Buy on Wuxi Biologics (Cayman) (WXIBF)

Tipranks - Sat Mar 28, 8:00PM CDT

In a report released on March 26, from Daiwa maintained a Buy rating on Wuxi Biologics (Cayman), with a price target of HK$42.00. 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$45.08 average price target, which is a 42.92% upside from current levels. In a report released on March 26, 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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