DBS: China Modern Dairy – Buy Target Price HK$1.29 Posted on September 9, 2022September 9, 2022 By alanyeo No Comments on DBS: China Modern Dairy – Buy Target Price HK$1.29 Gradual Recovery Expect raw milk prices to stabilise in 2H22 on a h-o-h basis, as demand gradually recovers On track to meet herd size target with 410k heads by end-FYDec22 Maintain BUY, TP at HK$1.29/sh China-Modern-Dairy_8-Sep-2022_HK_CUClick here to Download Full Report in PDF Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window) Research - Equities Tags:China Modern Dairy Holdings Ltd