Need To Know: Analysts Are Much More Bullish On MINISO Group Holding Limited (NYSE:MNSO) Revenues [Yahoo! Finance]
MINISO Group Holding Limited American Depositary Shares, each representing four Ordinary Shares (MNSO)
Company Research
Source: Yahoo! Finance
The revenue forecast for this year has experienced a facelift, with analysts now much more optimistic on its sales pipeline. Investors have been pretty optimistic on MINISO Group Holding too, with the stock up 13% to US$20.67 over the past week. It will be interesting to see if today's upgrade is enough to propel the stock even higher. After the upgrade, the 13 analysts covering MINISO Group Holding are now predicting revenues of CN¥16b in 2024. If met, this would reflect a meaningful 19% improvement in sales compared to the last 12 months. Before the latest update, the analysts were foreseeing CN¥12b of revenue in 2024. It looks like there's been a clear increase in optimism around MINISO Group Holding, given the chunky increase in revenue forecasts. View our latest analysis for MINISO Group Holding There was no particular change to the consensus price target of CN¥200, with MINISO Group Holding's latest outlook seemingly not enough to result in a change of valuation. It could
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News
- Empowering Communities and Environment: MINISO's ESG JourneyPR Newswire
- Empowering Communities and Environment: MINISO's ESG JourneyPR Newswire
- Be Wary Of MINISO Group Holding (NYSE:MNSO) And Its Returns On Capital [Yahoo! Finance]Yahoo! Finance
- MINISO Announces Annual General Meeting on June 20, 2024 and Filing of Transition Report on Form 20-FPR Newswire
- MINISO Opens its First Malaysian IP Collection Store in Barbie-inspired StylePR Newswire
MNSO
Sec Filings
- 4/16/24 - Form 6-K
- 4/16/24 - Form 20-F
- 4/5/24 - Form 6-K
- MNSO's page on the SEC website