Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>M Stanley Cuts COSCO SHIP HOLD's TP to HKD9.5, Rating Underweight
Recommend 16 Positive 25 Negative 13 |
||||
|
||||
|
Following COSCO SHIP HOLD (01919.HK)'s 1H25 results release, Morgan Stanley issued a research report lowering its 2025-27 earnings forecasts for the company by 12%/ 9%/ 9% to reflect the decline in its container shipping profitability. COSCO SHIP HOLD's target price was cut from HKD9.6 to HKD9.5, alongside an Underweight rating. Morgan Stanley estimated the company to face supply pressure from new ship deliveries in 2025-26, which would in turn lead to a downside cycle in container shipping. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
