China Resources(Holdings)Co.,Ltd.

Citi Lifts CHINA RES BEER Target to $23.1; 2H Sales, ASP See Accelerated Growth

Time:2017-08-31Source:AAStocks Financial News

Citigroup, in its report, forecast CHINA RES BEER (00291.HK) 's sales volume and average price growth to accelerate in 2H. Due to industry sales recovery and product premiumization, it was expected 2017's core profit growth to reach as high as 6% and further speed up to 14% in 2018. The rating was maintained at Buy. (AAStocks Financial News) 2017/08/22