DBS: Nissin Foods Co Ltd – Buy Target Price HK$8.70 Posted on September 1, 2022September 1, 2022 By alanyeo No Comments on DBS: Nissin Foods Co Ltd – Buy Target Price HK$8.70 Price hikes bearing fruit 2Q22 earnings decline narrowed to 4% y-o-y, broadly in-line with expectationsPrice hike to continue in HK as Nissin Foods engages a premium food strategyTrimmed FY22/23F earnings by 2.7%/1%; Reiterate BUY, TP at HK$8.7 Nissin-Foods_31-Aug-2022_HK_CU-ResultsClick 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:Nissin Foods