Citi Says Chow Tai Fook Jewellery Valuation Appears Appealing
Citi analysts say the stock appears to have priced in a potential decline in second-half earnings. They estimate a 10X forward price-to-earnings ratio and a 7.0% yield.
Citi analysts say the stock appears to have priced in a potential decline in second-half earnings. They estimate a 10X forward price-to-earnings ratio and a 7.0% yield.