CLSA analyst Xiao Fend maintained a Buy rating on Techtronic Industries (TTNDF – Research Report) today and set a price target of HK$108.00. The company’s shares closed last Tuesday at $11.96.
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According to TipRanks, Fend is a 3-star analyst with an average return of 6.0% and a 55.56% success rate.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Techtronic Industries with a $13.00 average price target.
Based on Techtronic Industries’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $7.31 billion and a net profit of $571.32 million. In comparison, last year the company earned a revenue of $6.85 billion and had a net profit of $500.56 million
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