Goldman Sachs analyst Jacqueline Du initiated coverage of Flat Glass Group H shares with a Buy rating and HK$14.70 price target. The analyst believes the price hike for soda ash and liquefied natural gas will be short-lived and the company’s margin could be better than feared with a stabilizing price outlook in the second half of 2024.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FGSGF: