not vested
<Research Report>LIJUN INT'L (02005.HK) initiated Buy, target at $4.5 - BofAML
Jul 8, 2014
According to the latest research report by Bank of America Merrill Lynch, LIJUN INT'L (02005.HK) was initiated Buy, and target price was set at $4.5, representing 23x and 18x to 2014/2015 P/E forecasts.
The bank commented the current valuation is attractive, due to anticipated rapid future growth.
BofA ML pointed out LIJUN INT'L is one of the fastest growing medical consumable suppliers, projecting the introduction of new products will drive growth in next several years.
It was estimated that CAGR will reach 19% and 26% in 2014 and 2016.
Source: AAStocks Financial News