{ }
001122334455554433221100
001122334455554433221100

ubs downgrades swire pacific to sell with target price of hk 59.90

UBS has assigned a Sell rating to Swire Pacific, setting a target price of HK$59.90, while the stock currently trades at $8.34, close to its 52-week low. The company is experiencing a 19% discount to its stub value, influenced by an ongoing share buyback program, which is expected to widen to 30% by 2025 after the buybacks conclude in May. Analysts project a 17% decline in sales this year, with Swire Properties anticipated to contribute 56% to earnings in 2024, amid pressures from increased office space supply and luxury malls in mainland China.
Trending
Subcategory
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.