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Home / Capital / Brokers Calls

Continue to 'add' Jiutian Chemical Group on higher ASP: CGS-CIMB

Broker's Calls

Continue to 'add' Jiutian Chemical Group on higher ASP: CGS-CIMB

Jeffrey Tan Published on Fri, Feb 26, 2021 / 4:16 PM GMT+8

CGS-CIMB Research has kept its “add” rating for Jiutian Chemical Group given that the average selling price (ASP) of the company’s chemical products is expected to be strong ahead.

The brokerage, however, has lowered its target price for the stock to 13.5 cents from 14.5 cents previously.

For more stories about where the money flows, click here for our Capital section