Yangtze Optical Fibre and Cable Joint Stock Co (YZOFF) was upgraded to a Buy Rating at DBS
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 09 2025
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Source: Business Insider
Analyst Upgrade: Tsz Wang from DBS has upgraded Yangtze Optical Fibre and Cable Joint Stock Co to a Buy with a price target of HK$20.20, while the current analyst consensus is a Moderate Buy with an average price target of $2.39, indicating significant upside potential.
Financial Performance: The company reported quarterly revenue of $3.5 billion and a net profit of $102.94 million for the quarter ending December 31, showing a decrease in profit compared to the previous year’s earnings.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
