GO
HSI1 | 18,475.92 | +268.79 | 116.19B |
HSCEI1 | 6,547.29 | +110.20 | 55.14B |
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2024-04-25 12:54:31 ASMPT (00522.HK)'s advanced packaging (AP) long-term growth visibility increased, Macquarie released a research report saying. Macquarie raised its 2024/ 2025 earnings forecasts by 25%/ 3% each, and increased the valuation base, with the projected PB ratio surging from 1.6x to 2.7x (average value after 2017). Macquarie also elevated its target price by 88% to $117.81. Considering the expectation of an incline in AP orders from fabs and others, Macquarie upgraded ASMPT from Underperform to Outperform. ~ AAStocks Financial News Web Site: www.aastocks.com |