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COSCO SHIPPING Rallies 11%+; M Stanley Projects Shr Rise in Next 15 Days
COSCO SHIPPING (01138.HK) last traded at $6.87, up 11.7%, with a turnover of $286 million, after peaking at $7.09 during the trading session and swelling 15.3%.Morgan Stanley relea...
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COSCO SHIPPING Rallies 11%+; M Stanley Projects Shr Rise in Next 15 Days
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COSCO SHIPPING (01138.HK)  +0.140 (+2.006%)    Short selling $3.78M; Ratio 15.473%   last traded at $6.87, up 11.7%, with a turnover of $286 million, after peaking at $7.09 during the trading session and swelling 15.3%.

Morgan Stanley released a technical opinion report on COSCO SHIPPING, assuming that the company's share price will rise in the next 15 days, with a 70-80% likelihood. It viewed that the stock's valuation is compelling after the recent sell-off.

The broker maintained Overweight rating and target price of $9.5 on COSCO SHIPPING.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-01-28 12:25.)

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