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<Research>Sinolink Securities Initiates Coverage on MAO GEPING w/ Rating Buy, TP $67.67
Recommend 4 Positive 9 Negative 4 |
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Sinolink Securities has released a report predicting that the cosmetics company MAO GEPING (01318.HK) will see net profit growth of 43%/ 34%/ 21% YoY for 2024/ 2025/ 2026. In light of the high-end positioning and scarcity, the broker set its target price for the company at $67.67 with a Buy rating. The report also mentioned that the MAOGEPING brand ranked ninth in the high-end makeup industry in mainland China last year, being the only mainland brand in the top ten. The company has created business barriers with its high professionalism and branded instructional videos, seizing with 825,000/ 620,000/ 910,000 followers on Xiaohongshu/ Douyin/ BILIBILI-W (09626.HK) platforms. AAStocks Financial News |
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