The current trading zone is interesting to the point that investors should pay attention to the stock and anticipate a return of the underlying upward trend. Investors have an opportunity to buy the stock and target the HKD 80.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
In a short-term perspective, the company has interesting fundamentals.
Zhongsheng Group Holdings Limited accounts for 5.94 % of our Asian Portfolio. A trade is currently open since 05/11/2021 with a purchase price of HKD 57.70. Discover the other 19 stocks of the Asian portfolio managed by the MarketScreener portfolio management team.
Historically, the company has been releasing figures that are above expectations.
The stock, which is currently worth 2021 to 0.9 times its sales, is clearly overvalued in comparison with peers.
Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
Over the last twelve months, the sales forecast has been frequently revised upwards.
Analysts covering this company mostly recommend stock overweighting or purchase.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
The tendency within the weekly time frame is positive above the technical support level at 53.5 HKD
The company is not the most generous with respect to shareholders' compensation.
Subsector Other Auto Vehicles, Parts & Service Retailers
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