In a report released on November 9, from CICC maintained a Buy rating on ZhongAn Online P & C Insurance Co., Ltd, with a price target of HK$23.00.
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In a report released on October 30, DBS also maintained a Buy rating on the stock with a HK$24.00 price target.
Based on ZhongAn Online P & C Insurance Co., Ltd’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of HK$15.77 billion and a net profit of HK$667.57 million. In comparison, last year the company earned a revenue of HK$15.91 billion and had a net profit of HK$55.47 million
CICC Reaffirms Their Buy Rating on ZhongAn Online P & C Insurance Co., Ltd (1ZO)
