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robotics/news//Markets Insider
Bank of America Securities maintained a Buy rating on RoboSense Technology Company., Ltd, with a price target of HK$38.00.
Bank of America Securities set a Buy rating and HK$38.00 target for RoboSense Technology.
KEY POINTS
RoboSense's average analyst price target is HK$46.48, higher than Bank of America's target.
RoboSense's latest quarterly revenue grew to HK$455.37 million from HK$367.63 million year-over-year.
The company's GAAP net loss narrowed to HK$51.39 million from HK$137.93 million last year.
In a report released on May 27, from Bank of America Securities maintained a Buy rating on RoboSense Technology Company., Ltd, with a price target of HK$38.00. The company’s shares closed yesterday at HK$32.14.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for RoboSense Technology Company., Ltd with a HK$46.48 average price target.
Based on RoboSense Technology Company., Ltd’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of HK$455.37 million and a GAAP net loss of HK$51.39 million. In comparison, last year the company earned a revenue of HK$367.63 million and had a GAAP net loss of HK$137.93 million