
Xiaomi (XIACF): New Buy Recommendation for This Technology Giant

CLSA has issued a Buy rating for Xiaomi, setting a price target of HK$69.00, while shares closed at HK$43.42. The overall analyst consensus for Xiaomi is a Strong Buy, with an average price target of $8.39, indicating a potential downside of -80.68%. Additionally, Goldman Sachs also maintains a Buy rating with a price target of HK$56.50.
In a report released on November 4, from CLSA maintained a Buy rating on Xiaomi, with a price target of HK$69.00. The company’s shares closed yesterday at HK$43.42.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Xiaomi with a $8.39 average price target, a -80.68% downside from current levels. In a report released on November 1, Goldman Sachs also maintained a Buy rating on the stock with a HK$56.50 price target.

