There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Yuexiu Real Estate Investment (YUXXF – Research Report) and Longfor Group Holdings (LNGPF – Research Report) with bullish sentiments.
Yuexiu Real Estate Investment (YUXXF)
In a report issued on March 8, Ben Wong from DBS maintained a Buy rating on Yuexiu Real Estate Investment, with a price target of HK$1.43. The company’s shares closed last Tuesday at $0.20, close to its 52-week low of $0.20.
According to TipRanks.com, Wong is ranked #6421 out of 8766 analysts.
Yuexiu Real Estate Investment has an analyst consensus of Moderate Buy, with a price target consensus of $0.18.
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Longfor Group Holdings (LNGPF)
In a report issued on March 9, Jason Lam from DBS maintained a Buy rating on Longfor Group Holdings, with a price target of HK$18.00. The company’s shares closed last Thursday at $1.27, close to its 52-week low of $1.16.
According to TipRanks.com, Lam is a 1-star analyst with an average return of
Currently, the analyst consensus on Longfor Group Holdings is a Strong Buy with an average price target of $2.04, which is a 61.3% upside from current levels. In a report issued on February 27, Nomura also maintained a Buy rating on the stock with a HK$18.10 price target.
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