Financial news
Written by: Zhang Weilun
2020-01-23 11:04
Last updated: 2020-01-23 11:05China Unicom (0762) is profitable, and is expected to earn 10.8% more last year to 11.3 billion yuan. However, market participants did not accept the goods. This morning, the stock price was as low as 6.81 yuan, and the latest price was 6.85 yuan, down 4.1%.
Morgan Stanley released a report, pointing out that China Unicom's profit last year was 10% lower than expected, it is expected that the company's stock price will be pressured, but the downside risk is not great; it also pointed out that with the launch of 5G and improved industry competition, it reiterated its "Buy" rating The target price is 8.5 yuan.
Credit Suisse's latest report lowers China Unicom's target price to 7.68 yuan and maintains a "neutral" rating; Forex Securities has a "buy" rating and the target price has risen slightly to 10.5 yuan.
China Unicom expects last year's profit to rise to 10% and solidly promotes 5G business innovation in the future
China Unicom Transaction Shares
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