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<Research>Citi Raises BRILLIANCE CHI (01114.HK) TP to $5.64, Keeps Rating at Buy

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2024-07-05 14:48

BRILLIANCE CHI (01114.HK) declared a special dividend of $4.30 per share on 14 June, with ex-dividend date on 3 July, Citi Research issued a research ...

  BRILLIANCE CHI (01114.HK) -0.150 (-3.778%) Short selling $40.90M; Ratio 18.460% declared a special dividend of $4.30 per share on 14 June, with ex-dividend date on 3 July, Citi Research issued a research report saying.

  Citi Research raised its target price from $4.85 to $5.64 post ex-dividend, which represents a historical average PE ratio of 5x on the Company's FY2024 EPS. Citi Research kept rating at Buy on BRILLIANCE CHI.

  (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-05 12:25.)

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