HSBC upgraded Citic Limited to Buy from Hold with a price target of HK$9.50, up from HK$7.30. The stock’s valuation is attractive at a 8% dividend yield for 2024, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.