CLSA downgrades China Resources Beer Holdings to 'outperform' with a price target of HK$54.00

  • Investing.com
CLSA downgrades China Resources Beer Holdings to 'outperform' with a price target of HK$54.00

An analyst from CLSA downgraded China Resources Beer Holdings (HK: 0291 ) from 'buy' to 'outperform' with a price target of HK$54.00 from a prior price target of %currency%%price%.

Prior to this rating, China Resources Beer Holdings had 34 buy ratings, 0 hold ratings, and 1 sell ratings.

For consensus analyst estimates and price targets on China Resources Beer Holdings, click here. For more news on China Resources Beer Holdings, click here.

China Resources Beer Holdings's stock price closed at $41.75. They are down -9.14% in the last month and down -21.45% in the last 12 months.

According to Investing Pro, China Resources Beer Holdings's fair value is $60.93, an upside of 47.00%. China Resources Beer Holdings's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out China Resources Beer Holdings's recent earnings performance and financials here.

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