It appears equity analysts haven’t yet had a chance to catch their breath and look at their forecasts after the global markets rout in February. Analysts are still forecasting strong share price increases this year compared with current prices. This includes an almost 20 percentage-point gap for the MSCI Asia Pacific Index. Tencent Holdings Ltd., the largest stock in the index, is projected to climb 14 percent in the next 12 months.
Source: Bloomberg Pro Terminal
Trader Bozhidar Arabadzhiev
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