On September 16th, Jin10 Data reported that Goldman Sachs issued a report that lowered Hong Kong Exchanges and Clearing Limited's (00388.HK) earnings per share forecast for 2024 to 2026 by 2%, 4%, and 5% respectively to reflect the Trading Volume in August and since September. The rating is maintained as buy, and the target price is lowered by 4.4% to HKD 306, which is equivalent to a predicted P/E ratio of 35 times for 2025.
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Goldman Sachs lowers target price for HKEX to 306 Hong Kong dollars, downgrades EPS forecast
On September 16th, Jin10 Data reported that Goldman Sachs issued a report that lowered Hong Kong Exchanges and Clearing Limited's (00388.HK) earnings per share forecast for 2024 to 2026 by 2%, 4%, and 5% respectively to reflect the Trading Volume in August and since September. The rating is maintained as buy, and the target price is lowered by 4.4% to HKD 306, which is equivalent to a predicted P/E ratio of 35 times for 2025.