Sinolink Securities Sticks to Its Buy Rating for Meitu (MEIUF)
Sinolink Securities has maintained a Buy rating for Meitu with a price target of HK$11.73, while the stock closed at HK$8.22. Analysts generally suggest a Strong Buy consensus with a $1.64 average price target, indicating a potential -80.05% downside. UBS also maintained a Buy rating with a HK$14.10 target.
In a report released yesterday, from Sinolink Securities maintained a Buy rating on Meitu, with a price target of HK$11.73. The company’s shares closed last Tuesday at HK$8.22.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Meitu with a $1.64 average price target, implying a -80.05% downside from current levels. In a report released on November 19, UBS also maintained a Buy rating on the stock with a HK$14.10 price target.
