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Analysts Have Conflicting Sentiments on These Financial Companies: Bank of Communications Co (OtherBKFCF), AIA Group (OtherAAIGF) and Hang Seng Bank (OtherHSNGF)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Bank of Communications Co (BKFCFResearch Report), AIA Group (AAIGFResearch Report) and Hang Seng Bank (HSNGFResearch Report).

Bank of Communications Co (BKFCF)

Jefferies analyst Shujin Chen maintained a Hold rating on Bank of Communications Co yesterday and set a price target of HK$4.59. The company’s shares closed last Wednesday at $0.60.

Bank of Communications Co has an analyst consensus of Hold, with a price target consensus of $0.63, which is a 5.0% upside from current levels. In a report issued on December 19, J.P. Morgan also maintained a Hold rating on the stock with a HK$5.20 price target.

See the top stocks recommended by analysts >>

AIA Group (AAIGF)

In a report released yesterday, Philip Kett from Jefferies maintained a Buy rating on AIA Group, with a price target of HK$90.00. The company’s shares closed last Friday at $8.21, close to its 52-week low of $7.70.

According to TipRanks.com, Kett is ranked #346 out of 8665 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for AIA Group with a $12.72 average price target.

Hang Seng Bank (HSNGF)

Jefferies analyst Sam Wong maintained a Hold rating on Hang Seng Bank yesterday and set a price target of HK$92.00. The company’s shares closed last Monday at $11.19, equals to its 52-week low of $11.19.

According to TipRanks.com, Wong has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -12.9% and a 13.0% success rate. Wong covers the Financial sector, focusing on stocks such as People’s Insurance Co (Group) of China, China Taiping Insurance Holdings Co, and China Pacific Insurance (Group) Co.

The word on The Street in general, suggests a Hold analyst consensus rating for Hang Seng Bank with a $12.04 average price target.

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