Jefferies analyst Anne Ling maintained a Hold rating on Haidilao International Holding (HDALF – Research Report) yesterday and set a price target of HK$22.20. The company’s shares closed last Wednesday at $1.79.
According to TipRanks, Ling is an analyst with an average return of -3.6% and a 32.35% success rate. Ling covers the Consumer Cyclical sector, focusing on stocks such as Yum China Holdings, Samsonite International SA, and Chow Tai Fook Jewellery Group.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Haidilao International Holding with a $2.66 average price target, a 48.60% upside from current levels. In a report released on December 19, Deutsche Bank also initiated coverage with a Hold rating on the stock with a HK$15.90 price target.
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The company has a one-year high of $3.33 and a one-year low of $1.56. Currently, Haidilao International Holding has an average volume of 5,986.
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Haidilao International Holding (HDALF) Company Description:
Haidilao International Holding Ltd is an investment holding company. The company through its subsidiaries is engaged in restaurants operation, delivery business and sales of condiment products and food ingredients located in the PRC and overseas. The operating business segments are Restaurant operation, Delivery business, and Sales of condiment products and food ingredients. The restaurant operation segment derives maximum revenue for the company. The company conduct its business in Mainland China and overseas.
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