CICC Keeps Their Buy Rating on Damai Entertainment Holdings Limited (1060)

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CICC analyst maintained a Buy rating on Damai Entertainment Holdings Limited yesterday and set a price target of HK$1.15. The company’s shares closed yesterday at HK$0.93.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Damai Entertainment Holdings Limited with a HK$1.55 average price target.
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.