JX Luxventure (JXJT – Research Report) received a Buy rating and price target from Macquarie analyst Hayden Bairstow today. The company’s shares closed yesterday at $0.72.
Bairstow covers the Basic Materials sector, focusing on stocks such as Pilbara Minerals Limited, Lynas Rare Earths Limited, and Northern Star Resources Ltd. According to TipRanks, Bairstow has an average return of 12.4% and a 54.30% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for JX Luxventure.
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Based on JX Luxventure’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $0. In comparison, last year the company earned a revenue of $4.42 million and had a net profit of $363.6 thousand
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KBS Fashion Group Ltd. engages in the design, manufacture, distribution, and sale of casual menswear. It operates through the following segments: Distributor Network, Corporate Stores, and Original Equipment Manufacturer. The Distributor Network segment consists of direct or sub-distributors which are operated by KBS branded stores. The Corporate Stores focuses on the owning and operating corporate stores. The OEM segment comprises of products that are designed by customers but manufactured by the company. It offers men’s apparel, accessories, and footwear. The company was founded by Anna Polemis on January 26, 2012 and is headquartered in Shishi, China.
