标题：Haitian Flavouring and Food4Q revenue posts high growth despite broad weakness
发布日期：2016-03-14 8:25:24
内容： Earnings estimates, valuation and investment rating. We expect the overall consumer market to remain challenging in 2016, and therefore slightly lower our forecasts of the Company’s 2016E/17E diluted EPS to Rmb1.15/1.40 (from Rmb1.25/1.54), and arrive at 2018E EPS of Rmb1.68. The stock is currently trading at Rmb27.19, equivalent to 2016E-18E PE of 24x/19x/16x. We reiterate our BUY rating with TP unchanged at Rmb38.
发布日期：2016-03-14 8:25:24
内容： Earnings estimates, valuation and investment rating. We expect the overall consumer market to remain challenging in 2016, and therefore slightly lower our forecasts of the Company’s 2016E/17E diluted EPS to Rmb1.15/1.40 (from Rmb1.25/1.54), and arrive at 2018E EPS of Rmb1.68. The stock is currently trading at Rmb27.19, equivalent to 2016E-18E PE of 24x/19x/16x. We reiterate our BUY rating with TP unchanged at Rmb38.
