share_log

大摩：予中国联通(00762)“增持”评级 目标价6.5港元

Damo: Target price of HK$6.5 for China Unicom (00762) “gain” rating

Zhitong Finance ·  Apr 22 03:26

The Zhitong Finance App learned that Morgan Stanley released a research report saying that the first quarter results of China Unicom (00762) were in line with expectations, and service revenue increased 3.4% year on year. Among them, revenue from the Internet ICT business and the Internet Digital Intelligence business all grew steadily, and Unicom's cloud revenue increased 30% year on year. The company's net profit for the first quarter was over RMB 5.6 billion, up 8.9% year on year. Although it was in line with Damo's expectations, it was slightly lower than the company's full-year double-digit growth guide. Damo generally kept its profit forecast unchanged. The investment rating is still “increase in holdings”, with a target price of HK$6.5.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment