Morgan Stanley released a research report saying that it gave Pacific Shipping a "overweight" rating, and it is believed that the stock price will rise within 30 days, with a probability of occurrence of 70% to 80%, and the target price is HK$6. The stock has been under selling p

Morgan Stanley released a research report saying that it gave Pacific Shipping (02343.HK) a "overweight" rating, and it is believed that the stock price will rise within 30 days, with a probability of occurrence of 70% to 80%, and the target price is HK$6. The stock has been under selling pressure recently, and its short-term valuation seems more attractive. The bank believes that 's Baltic dry bulk index 's 11% increase on August 20 may trigger positive market sentiment. It is also expected that the moderate recovery of infrastructure demand in mainland China will support dry bulk shipping demand in the fourth quarter of this year.

As of the close of September 20, 2022, Pacific Shipping (02343.HK) closed at 2.8 yuan, up 0.0%, with a turnover rate of 0.34%, a trading volume of 18.028 million shares and a trading volume of 50.4336 million yuan. Investment banks' ratings on this stock are mainly buy-in. In the past 90 days, three investment banks have given buy-in ratings , and the target average price in the past 90 days is 5.61. CICC's latest research report gave Pacific Shipping a buy rating with a target price of 5.37.

Institutional rating details are shown in the table below:

Pacific Shipping Hong Kong stock market value is HK$14.731 billion, ranking 4th in the shipping II industry. The main indicators are shown in the table below:

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