Feb 5, 2018
not vested
<Research Report>G Sachs Lifts MMG (01208.HK) Target to $7.2; Rated Buy
Goldman Sachs lifted MMG (01208.HK) 2017-2019 earnings forecast by 16%, 33% and 31% to reflect new LME copper price forecasts.
The broker maintained its positive view to the company, saying that it will be one of the major beneficiaries for rising copper prices.
The investment rating was maintained at Buy with target price revised upward to $7.2 from $5.
Source: AAStocks Financial News