J.P. Morgan Reaffirms Their Hold Rating on Xiaomi (XIACF)
In a report released on November 19, Gokul Hariharan from J.P. Morgan maintained a Hold rating on Xiaomi, with a price target of HK$45.00. The company’s shares closed yesterday at HK$38.82.
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According to TipRanks, Hariharan is a 4-star analyst with an average return of 22.5% and a 51.85% success rate. Hariharan covers the Technology sector, focusing on stocks such as Xiaomi, Silicon Motion, and ASMPT Ltd.
Xiaomi has an analyst consensus of Strong Buy, with a price target consensus of $7.57.
XIACF market cap is currently HK$1011.6B and has a P/E ratio of 20.74.
Read More on XIACF:
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