
Guoyuan Securities (HK) Sticks to Its Buy Rating for Huaneng Power International (HUNGF)

Guoyuan Securities (HK) has reaffirmed its Buy rating for Huaneng Power International (HUNGF), setting a price target of HK$8.26, while the stock closed at HK$6.53. The analyst consensus remains a Moderate Buy with an average target of $0.88, indicating a potential downside of 86.52%. Additionally, DBS also maintains a Buy rating with a price target of HK$7.00 as of October 30.
In a report released yesterday, from Guoyuan Securities (HK) maintained a Buy rating on Huaneng Power International, with a price target of HK$8.26. The company’s shares closed yesterday at HK$6.53.
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Currently, the analyst consensus on Huaneng Power International is a Moderate Buy with an average price target of $0.88, a -86.52% downside from current levels. In a report released on October 30, DBS also maintained a Buy rating on the stock with a HK$7.00 price target.

