Goldman Sachs maintains a "buy" rating on Hong Kong Exchanges and Clearing Limited (00388) with a target price lowered to HKD 306.

10:41 16/09/2024

Goldman Sachs released a research report stating that it maintained a "buy" rating on Hong Kong Exchange (00388) with a target price lowered to 306 Hong Kong dollars, equivalent to a forecasted 35 times price-to-earnings ratio in 2025.

Goldman Sachs released a research report, maintaining a "buy" rating on Hong Kong Exchanges and Clearing Limited (00388) with a target price lowered to 306 Hong Kong dollars, equivalent to a forecasted 2025 P/E ratio of 35 times; profit per share for 2024 to 2026 is respectively lowered by 2%, 4%, and 5% to reflect trading volume in August and since September.

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