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<Research>G Sachs Rates HKEX as Buy; 1Q25 Results in Line
Recommend 15 Positive 18 Negative 12 2025/04/30 07:36 GMT
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According to Goldman Sachs' research report, HKEX (00388.HK)'s 1Q25 EPS surged by 38% YoY to $3.23, beating the broker's estimate by 2%. While its EBITDA slightly exceeded the broker's estimate by 2%, its effective tax rate of 16% was in line with the broker's estimate. Net profit after tax was also higher than the broker's forecast of 2%. Predicting that HKEX's stock price will react mutedly, Goldman Sachs set its target price at $378, with a Buy rating. AAStocks Financial News |
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