Canaccord Genuity Reiterates a 'Buy' on China Kanghui (KH); Q3/11 Results Strong; Outperformance Across All Segments
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Price: $30.60 --0%
Rating Summary:
5 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
Rating Summary:
5 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
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Canaccord Genuity maintains a 'Buy' on China Kanghui Holdings (NYSE: KH) price target raised from $26 to $29.
Canaccord analyst, William J. Plovanic, said, "We reiterate our rating following strong Q3/11 results that demonstrated strength across all product categories and a significant out-performance in the domestic Chinese market. Additionally, a robust product pipeline in existing segments including trauma and spine as well as new segments including hip and knee is planned for 2012 and positions the company for sustainable growth."
For an analyst ratings summary and ratings history on China Kanghui Holdings click here. For more ratings news on China Kanghui Holdings click here.
Shares of China Kanghui Holdings closed at $16.09 yesterday.
Canaccord analyst, William J. Plovanic, said, "We reiterate our rating following strong Q3/11 results that demonstrated strength across all product categories and a significant out-performance in the domestic Chinese market. Additionally, a robust product pipeline in existing segments including trauma and spine as well as new segments including hip and knee is planned for 2012 and positions the company for sustainable growth."
For an analyst ratings summary and ratings history on China Kanghui Holdings click here. For more ratings news on China Kanghui Holdings click here.
Shares of China Kanghui Holdings closed at $16.09 yesterday.
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