TheScreener - Feng Tay Enterprise Co. Ltd. (9910) FENG TAY ENTERPRISES suffers a double requalification, which weighs heavily on its rating, now at Neutral.

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FENG TAY ENTERPRISES suffers a double requalification, which weighs heavily on its rating, now at Neutral.

The independent financial analyst theScreener just downgraded the general evaluation of FENG TAY ENTERPRISES (TW), active in the Footwear industry. As regards its fundamental valuation, the title loses a star(s) and now shows 1 out of 4 stars. Its market behaviour is also negatively reassessed and may be considered as moderately risky. theScreener believes that this double requalification keeps the title under pressure and justifies an overall rating downgrade to Neutral. As of the analysis date October 15, 2021, the closing price was TWD 206.50 and its target price was estimated at TWD 183.07.

16/10/2021 6 EN

Underlying

Feng Tay Enterprise Co. Ltd.

Feng Tay Enterprise is engaged in the manufacture of footwear, sports shoes and related accessories; the sale, and import and export of shoes materials, and footwear machines and equipment; and the provision of technical information in shoes manufacturing. Through its subsidiaries, Co. is also engaged in investments; machinery and tools trading; the manufacture and maintenance of mold, stripper bar and metal parts; and the retail of household electrical, apparel, sports series products, food and beverage, hardware and general merchandise.

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TW0009910000 Taiwan Stock Exchange Chinese Taipei

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FENG TAY ENTERPRISES suffers a double requalification, which weighs heavily on its rating, now at Neutral.

Empowering Investors

Vermilion Int'l Compass: Global Equity Strategy

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With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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