Damai Entertainment Holdings Limited (1060) Receives a Buy from Huatai Securities

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Huatai Securities analyst maintained a Buy rating on Damai Entertainment Holdings Limited yesterday and set a price target of HK$1.21. The company’s shares closed yesterday at HK$0.93.
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Currently, the analyst consensus on Damai Entertainment Holdings Limited is a Strong Buy with an average price target of HK$1.55.
Based on Damai Entertainment Holdings Limited’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of HK$1.83 billion and a net profit of HK$13.49 million.