The Zhitong Finance App learned that Goldman Sachs released a research report saying that the valuation of Oriental Select (01797.HK) is still high compared to its growth prospects and peers. It maintains a “sale and sale” rating, and the target price was raised from HK$12.4 to HK$13.6. Goldman Sachs pointed out that Oriental Selection continues to be supported by the parent company New Oriental (09901.HK) brand. After leaving their jobs, its well-known anchors still showed steady business performance. Total product transactions, revenue and profitability have all recovered, and it is continuing to expand its own brand product portfolio.
Zhitongcaijing · 4d ago
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The Zhitong Finance App learned that Goldman Sachs released a research report saying that the valuation of Oriental Select (01797.HK) is still high compared to its growth prospects and peers. It maintains a “sale and sale” rating, and the target price was raised from HK$12.4 to HK$13.6. Goldman Sachs pointed out that Oriental Selection continues to be supported by the parent company New Oriental (09901.HK) brand. After leaving their jobs, its well-known anchors still showed steady business performance. Total product transactions, revenue and profitability have all recovered, and it is continuing to expand its own brand product portfolio.
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