There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Lenovo Group (LNVGF – Research Report) and Kingdee International Software Group Co (KGDEF – Research Report) with bullish sentiments.
Lenovo Group (LNVGF)
DBS analyst Jim Hin Kwong Au upgraded Lenovo Group to Buy yesterday and set a price target of HK$10.00. The company’s shares closed last Wednesday at $1.05.
According to TipRanks.com, Au is a 4-star analyst with an average return of
Lenovo Group has an analyst consensus of Strong Buy, with a price target consensus of $1.33.
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Kingdee International Software Group Co (KGDEF)
In a report released yesterday, Tsz Wang from DBS reiterated a Buy rating on Kingdee International Software Group Co, with a price target of HK$13.40. The company’s shares closed last Tuesday at $0.96, close to its 52-week low of $0.95.
According to TipRanks.com, Wang is a 2-star analyst with an average return of
Kingdee International Software Group Co has an analyst consensus of Strong Buy, with a price target consensus of $1.87, a 94.5% upside from current levels. In a report issued on April 3, J.P. Morgan also maintained a Buy rating on the stock with a HK$13.00 price target.
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