♔ The Trade Off
New Buy Rating for Xiaomi (XIACF), the Technology Giant
In a report released yesterday, from Orient Securities maintained a Buy rating on Xiaomi, with a price target of HK$55.86. The company’s shares closed yesterday at HK$40.10.
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In addition to Orient Securities, Xiaomi also received a Buy from CGS-CIMB’s Ray KWOK CFA in a report issued on November 25. However, on November 19, J.P. Morgan maintained a Hold rating on Xiaomi (Other OTC: XIACF).
XIACF market cap is currently HK$1050.4B and has a P/E ratio of 21.55.
Read More on XIACF:
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