We Raise Uni-President’s FVE to HKD 5.20 With Higher Sales Growth Forecast on Price Hikes
We are increasing our fair value estimate for no-moat Uni-President China Holdings, or UPCH, by 10% to HKD 5.20 per share from HKD 4.72 previously, after taking into account higher revenue forecasts, the time value of money, and the exchange rate. In addition to continuous product upgrades, we perceived that many fast-moving consumer goods companies have successively adjusted the prices of their products in 2018 in response to rising raw material prices. Following the price hike by industry lead...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.