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<Research>Citi Opens 30-Day Upside Catalyst Watch on LUK FOOK HOLD, Raises TP to HKD35.2
Recommend 3 Positive 5 Negative 2 |
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Citi has released a research report initiating a 30-day upside catalyst watch on LUK FOOK HOLD (00590.HK), as the company is expected to announce stronger operational data for 3QFY26 in January. It is anticipated that LUK FOOK HOLD's strong sales momentum seen in October and November will continue into December, while the adjustment of the value-added tax policy will be conducive to the gross profit margin for 2HFY26 and 1HFY27. Citi maintained a Buy rating on LUK FOOK HOLD and raised its target price from HKD34.6 to HKD35.2. AAStocks Financial News |
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