In a report released yesterday, Johnson Wan from Jefferies maintained a Sell rating on Lee & Man Paper Manufacturing (LMPMF – Research Report), with a price target of HK$1.80. The company’s shares closed last Friday at $0.27.
According to TipRanks, Wan is a 2-star analyst with an average return of -1.4% and a 41.18% success rate. Wan covers the Basic Materials sector, focusing on stocks such as Ganfeng Lithium Co, Anhui Conch Cement Company, and China Resources Cement Holdings.
Lee & Man Paper Manufacturing has an analyst consensus of Moderate Sell, with a price target consensus of $0.23.
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LMPMF market cap is currently $1.25B and has a P/E ratio of 14.11.
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Lee & Man Paper Manufacturing (LMPMF) Company Description:
Lee & Man Paper Manufacturing Ltd. is an investment holding company, which engages in manufacturing and trading of paper and pulp products. It operates through the following business segments: Packaging Paper, Pulp, and Tissue Paper. The Packaging Paper segment includes Kraft linerboard, test linerboard, coated duplex board, white top linerboard and high strength corrugating medium. It offers white lined chipboard, pulp, containerboard, and toilet roll products. The company was founded by Man Chun Lee and Wan Keung Lee in 1994 and is headquartered in Hong Kong.
