In a report released on January 5, 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.
Wan covers the Basic Materials sector, focusing on stocks such as Ganfeng Lithium Co, Anhui Conch Cement Company, and China Resources Cement Holdings. According to TipRanks, Wan has an average return of 1.0% and a 57.50% success rate on recommended stocks.
Currently, the analyst consensus on Lee & Man Paper Manufacturing is a Moderate Sell with an average price target of $0.23.
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The company has a one-year high of $0.54 and a one-year low of $0.24. Currently, Lee & Man Paper Manufacturing has an average volume of 7,600.
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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.
