Instant noodles maker Uni-President rises; broker ups target price

Uni-President China Holdings

19/09/2018 08:57

** Shares in Uni-President China Holdings Ltd  0220.HK  jump
as much as 10 pct intraday, to their highest since Aug. 8
    ** Investment bank China International Capital Corporation
Limited (CICC) raises the target price for the instant noodles
maker to HK$ 9.81, citing continued improvement of profit
margins 
    ** The analyst mean price target is HK$ 8.72 - Thomson
Reuters Eikon data
    ** As of the previous close, the stock had risen 16.36
percent so far this year
    ** Hong Kong benchmark index  .HSI  rises 1.27 pct
    

 ((Reuters Messaging: Cheng.Li.thomsonreuters.com@reuters.net))