Analysts Offer Predictions for Chow Tai Fook Jewellery Group Limited’s FY2022 Earnings (OTCMKTS:CJEWY)

Chow Tai Fook Jewellery Group Limited (OTCMKTS:CJEWY) – Equities researchers at Jefferies Financial Group lifted their FY2022 earnings per share (EPS) estimates for shares of Chow Tai Fook Jewellery Group in a research report issued to clients and investors on Tuesday, June 8th. Jefferies Financial Group analyst A. Ling now expects that the company will earn $0.81 per share for the year, up from their prior forecast of $0.68. Jefferies Financial Group also issued estimates for Chow Tai Fook Jewellery Group’s FY2024 earnings at $0.97 EPS.

Separately, JPMorgan Chase & Co. lowered shares of Chow Tai Fook Jewellery Group from an “overweight” rating to a “neutral” rating in a research report on Tuesday, May 18th.

Shares of OTCMKTS CJEWY opened at $19.83 on Thursday. The firm has a 50-day simple moving average of $17.06. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.70 and a quick ratio of 0.40. The firm has a market capitalization of $19.83 billion, a PE ratio of 53.58 and a beta of 0.94. Chow Tai Fook Jewellery Group has a 52 week low of $8.29 and a 52 week high of $20.71.

Chow Tai Fook Jewellery Group Company Profile

Chow Tai Fook Jewellery Group Limited, an investment holding company, manufactures and sells jewelry products. The company offers high-end luxury, mass luxury, and youth line jewelry products, including gem-set, gold, and platinum/karat gold products under the CHOW TAI FOOK, HEARTS ON FIRE, T MARK, MONOLOGUE, and SOINLOVE brands.

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