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Jefferies Sticks to Its Hold Rating for Want Want China Holdings (WWNTF)
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Jefferies Sticks to Its Hold Rating for Want Want China Holdings (WWNTF)

In a report released on January 5, Lisa Liao from Jefferies maintained a Hold rating on Want Want China Holdings (WWNTFResearch Report), with a price target of HK$5.30. The company’s shares closed last Tuesday at $0.63.

According to TipRanks, Liao is an analyst with an average return of -10.1% and a 60.00% success rate.

The word on The Street in general, suggests a Hold analyst consensus rating for Want Want China Holdings with a $0.71 average price target.

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WWNTF market cap is currently $7.17B and has a P/E ratio of 14.55.

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Want Want China Holdings (WWNTF) Company Description:

Want Want China Holdings Ltd. is an investment holding company, which engages in the manufacture, distribution & sale of food and beverages. It operates through the following segments: Rice Crackers, Dairy Products and Beverages, Snack Foods and Other Products. The Rice Crackers segment manufactures sugar coated crackers, savory crackers, and fried crackers. The Dairy Products and Beverages segment includes flavored milk, yogurt drinks, ready-to-drink coffee, carbonated drinks, herbal tea, and milk powder. The Snack Foods segment comprises of candies, popsicles and jellies, ball cakes, beans, and nuts. The Other Products segment consists of mainly wine and other food products. Want Want China Holdings was founded on October 3, 2007 and is headquartered in Shanghai, China.

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