29-06-2025
HSBC Sticks to Their Hold Rating for Want Want China Holdings (WWNTF)
HSBC analyst Darron Xue maintained a Hold rating on Want Want China Holdings (WWNTF – Research Report) on June 27 and set a price target of HK$5.70. The company's shares closed last Friday at $0.64.
Don't Miss TipRanks' Half Year Sale
Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
According to TipRanks, Xue is an analyst with an average return of -7.3% and a 33.33% success rate.
In addition to HSBC, Want Want China Holdings also received a Hold from Morgan Stanley's Wilkins Tong in a report issued on June 27. However, on the same day, CICC maintained a Buy rating on Want Want China Holdings (Other OTC: WWNTF).
Based on Want Want China Holdings' latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $5.44 billion and a net profit of $931.69 million. In comparison, last year the company earned a revenue of $5.64 billion and had a net profit of $866.12 million
