Goldman Sachs: Slightly lowers Tai O Group (00019.HK) target price to 90 Hong Kong dollars, continues to rate it as a "buy".
According to the Wisdom Financial APP, Goldman Sachs released a research report stating that considering the latest forecasts for Swire Properties and other businesses, it has adjusted its earnings per share forecast for Swire A (00019.HK) from a downward revision of 9% to an upward revision of 3% for the years 2020 to 2027. The target price has been lowered from HK$91.6 to HK$90, with a continued "buy" rating.
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