Xiaomi (XIACF): New Buy Recommendation for This Technology Giant
In a report released yesterday, from Bank of China maintained a Buy rating on Xiaomi, with a price target of HK$56.21. The company’s shares closed yesterday at HK$40.90.
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Xiaomi has an analyst consensus of Strong Buy, with a price target consensus of $7.05, representing a -82.76% downside. In a report released on December 5, Morgan Stanley also maintained a Buy rating on the stock with a HK$62.00 price target.
The company has a one-year high of HK$61.45 and a one-year low of HK$29.60. Currently, Xiaomi has an average volume of 193.7M.
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