Weekly Recap | JD LOGISTICS -3.14%, consensus target above spot
Weekly Review·
- JD Logistics ( 2618.HK ) fell 3.14 % this week to close at 10.79 HKD, underperforming the Hang Seng Index by 0.75 percentage points.
- The company focused on its integrated supply chain and robotics strategy by releasing 5 "Wolf" series robots and announcing future procurement plans at the JDD conference.
- A total of 19 institutions maintain a consensus rating of strong buy with a target price of 17.90 HKD, which is about 65.87 % higher than the current price.
