In a report released yesterday, Anne Ling from Jefferies maintained a Buy rating on Chow Tai Fook Jewellery Group (CJEWF – Research Report), with a price target of HK$17.02. The company’s shares closed last Friday at $1.39.
Ling covers the Consumer Cyclical sector, focusing on stocks such as Samsonite International SA, Chow Tai Fook Jewellery Group, and Yum China Holdings. According to TipRanks, Ling has an average return of -3.6% and a 32.35% success rate on recommended stocks.
Chow Tai Fook Jewellery Group has an analyst consensus of Hold, with a price target consensus of $1.72.
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CJEWF market cap is currently $14.75B and has a P/E ratio of 17.62.
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Chow Tai Fook Jewellery Group (CJEWF) Company Description:
Chow Tai Fook Jewellery Group Ltd. operates as an investment holding company, which engages in the sale of jewellery through its subsidiaries. It operates through the following segments: Jewellery Business in the Mainland China; Watch Business in the Mainland China; and Business in Hong Kong, Macau, and Other Markets. The company was founded in 1929 and is headquartered in Hong Kong.
