HomeinsuranceZhongAn Online P & C Insurance Co., Ltd (1ZO) Receives a Buy...

ZhongAn Online P & C Insurance Co., Ltd (1ZO) Receives a Buy from Guotai Haitong

Guotai Haitong analyst maintained a Buy rating on ZhongAn Online P & C Insurance Co., Ltd on March 20 and set a price target of HK$25.09. The company’s shares closed last Friday at HK$13.70.
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In addition to Guotai Haitong, ZhongAn Online P & C Insurance Co., Ltd also received a Buy from TipRanks – PerPlexity’s PerPlexity Financial EU in a report issued yesterday. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on ZhongAn Online P & C Insurance Co., Ltd (Frankfurt: 1ZO).
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

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