DBS: China Modern Dairy – Buy Target Price HK$1.29 alanyeo 2 years ago 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: