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Koolearn Technology's Recent Price Corrections May Be Overdone -- Market Talk

Koolearn Technology's Recent Price Corrections May Be Overdone -- Market Talk

庫倫科技最近的價格調整可能過頭了--市場議論
Dow Jones Newswires ·  2021/03/16 23:34

DJ Koolearn Technology's Recent Price Corrections May Be Overdone -- Market Talk

DJ Koolearn科技最近的價格調整可能有些過頭--市場傳言

0330 GMT - Koolearn Technology's recent price corrections may be overdone, Daiwa Capital says, as it upgrades its rating on the stock to buy from outperform. The online education-service provider's share price has declined by more than 50% from its peak in mid-2020. This has come amid concerns over competition in the online-education market as well as the reopening of offline learning centers, Daiwa notes. "We expect revenue growth to reaccelerate from FY22 and see the current valuation as attractive given Koolearn's long-term revenue growth potential in the K-12 segment," it says. Daiwa maintains a HK$31 price target. Shares are up 1.6% at HK$19.50. (justina.lee@wsj.com)

格林威治時間0330-大和資本(Daiwa Capital)將該股評級從強於大盤上調至買入，該公司表示，庫倫科技最近的價格調整可能有些過頭。這家在線教育服務提供商的股價已經從2020年年中的峯值下跌了50%以上。大和指出，這是在人們擔心在線教育市場的競爭以及線下學習中心重新開放的背景下出現的。該公司表示：“我們預計營收增長將從22財年開始重新加速，鑑於Koolearn在K-12領域的長期營收增長潛力，我們認為目前的估值具有吸引力。”大和維持31港元的目標價。該公司股價漲1.6%，報19.50港元。(justina.lee@wsj.com)

(END) Dow Jones Newswires

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March 16, 2021 23:34 ET (03:34 GMT)

2021年3月16日美國東部時間23：34(格林尼治標準時間03：34)

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