powerballwinningnumbers| Macquarie: Raises Jingdong Logistics target price to HK$9.6 to maintain a "neutral" rating
editor 2024-05-20 10:55:59 Home 28
Macquarie published a report stating thatpowerballwinningnumbers, Jingdong Logistics 'first-quarter performance exceeded expectationspowerballwinningnumbersThis was mainly due to the improvement in internal supply chain revenue, and in part due to the recovery of sales in Jingdong's retail business and the lowering of transportation thresholds. The bank looks forward to improving Jingdong Logistics 'revenue structure and accelerating internal supply chain revenue growth. The bank is more optimistic about the company's profit prospects and raises its profit forecast, expecting an adjusted net profit margin of 2.2 per cent this year.powerballwinningnumbers.4%, which is at the upper limit of the company's guidance range. The bank raised JD Logistics's net profit forecast by 16% for this year and next to reflect strong earnings prospects.
The bank set its target price to 8powerballwinningnumbers.3 Hong Kong dollars was upgraded to HK$9.6, maintaining a "neutral" rating.