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CICC Remains a Buy on Wuxi Biologics (Cayman) (WXIBF)
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 Tuesday at HK$34.62.
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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$45.30 average price target, representing a 30.85% upside. In a report released on May 28, Morgan Stanley also maintained a Buy rating on the stock with a HK$50.00 price target.
WXIBF market cap is currently HK$138.1B and has a P/E ratio of 24.75.
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