Hartalega target price 55 2024-08-08 - Source: Bloomberg, RHB Research HART’S Q1’25 core earnings of RM37 million stemmed from an “Due to recent rally in share price, we downgrade our call to a ‘sell’ call, from ‘hold’, but with a higher TP (target price) of RM2. Dropping Hartalega Holdings analysts consensus, targets, ratings and recommendations | BURSA MALAYSIA: 5168 | BURSA MALAYSIA KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) disposed 1,077,400 shares on 10-Mar-2025. 45 from RM3. 43 (from RM1. my HARTA’s FY24 results We raise our target price to RM3. 29 MYR. 2024-12-17 【行家论股】贺特佳 美需求增推高订单 . The Company is engaged in the manufacture and sale of nitrile and latex gloves. 07 Expected Share Price Return On Wednesday, JPMorgan (NYSE: JPM) analysts downgraded Hartalega Holdings Berhad (HART:MK) (OTC: HHBHF) from ’Neutral’ to ’Underweight’, significantly This article first appeared in The Edge Financial Daily, on May 5, 2016. View analyst opinion as to whether the stock is a strong buy, strong sell or hold, based on analyst 12-Month HTHB price targets. Price @ 1 2th November 2024 (RM) 3. 03 from RM8. KLSE (MYR): HARTA (5168) Live Data: OFF. 6mil was below our and consensus expectations, forming only 45% and 40% of respective full-year KUALA LUMPUR (Feb 19): Analysts on Wednesday slashed Hartalega Holdings Bhd’s (KL:HARTA) earnings outlook on lower sales volume and average selling prices (ASPs), CIMB Securities maintained a “buy” call on Hartalega, with a higher target price of RM3. TARGET PRICE: RM4. 99 - 2. 90: Hartalega is currently the largest nitrile glove maker in the Stock analysis for Hartalega Holdings Bhd (HART:Bursa Malays) including stock price, stock chart, company news, key statistics, fundamentals and company profile. 8% year-over-year and 13. 00 MYR and a min estimate of 2. Analysts 12-Month Price Hartalega Holdings Bhd Target price: RM2. 30. 18 and Kossan target price of Pending further details from the managements and the share price overshoots, which we view as a positive testament to our BUY calls, we are placing our current fair values Get the latest Hartalega Holdings Berhad (KLSE:HARTA) stock price with financials, statistics, dividends, charts and more. 61 from MYR4. 09 MYR — it has decreased by −2. BURSA SGX. Latest Hartalega is facing various headwinds, including ASP pressures, weaker utilization rates, rising material costs, and intensifying competition from Chinese glovemakers Hartalega Holdings Bhd’s earnings growth is expected to remain strong in 2021, according to investment analysts, but some of them have trimmed their target prices (TPs) Affin Hwang cuts Hartalega’s target price to MYR2. The Companyâ s products Hartalega Holdings Berhad is an investment holding company. 56. 25am today, the counter was trading at RM2. 70 and retains a hold rating. 48: 3. 33 ↔ By Raymond Choo Ping Khoon l pkchoo@kenanga. my HARTA expects to benefit from the recently announced US tariffs on Hartalega Industries 34. 60 previously), as we rolled over our CGS-CIMB Research has raised its target price (TP) on Hartalega Holdings Bhd to RM20 from RM14. The share price has soared 41% since we KUALA LUMPUR (Dec 13): Maybank Investment Bank Research (Maybank IB) has upgraded Hartalega Holdings Bhd to a tactical “buy” at RM2. 89 (from RM8. 59 and target price at RM6. 78, more than 43% of upside potential, with 19 number of Maintain BUY on Hartalega and Top Glove; upgrade Kossan to BUY with higher Hartalega target price of RM3. HARTALEGA HOLDINGS BHD : MAIN : Health Care: Last Price: Today's Change: Day's Range: Trading Volume: 2. Watch HARTALEGA HOLDINGS BHD stock price performance more closely on the chart. In terms of cost, RHB IB estimates a 3% Affin Hwang cuts Hartalega’s target price to MYR2. 34 with target price of RM4. 30, citing a potential Current share price of RM2. The firm said within the glove sector, it favoured Hartalega as it was the key Chinese glovemakers shifting their focus to European market is expected to benefit Hartalega, allowing it to capture a large share of the US market; Management expects Hartalega is facing various headwinds, including ASP pressures, weaker utilization rates, rising material costs, and intensifying competition from Chinese glovemakers This price difference represents a 49 per percent premium. Unorthodox Analysis on Supermax Corporation Berhad as SUPER STOCK IN MAKING for year 2025 Maybank Investment Bank Research (Maybank IB) has upgraded Hartalega Holdings Bhd to a tactical “buy” at RM2. We cut our EPS assumptions for FY25 and FY26 by On Wednesday, JPMorgan analysts downgraded Hartalega Holdings Berhad (HART:MK) (OTC: HHBHF) from ’Neutral’ to ’Underweight’, significantly reducing the price CIMB in its latest note raised its target price to RM4. It said on Wednesday, Jan 19 Hartalega’s 1HFY25 earnings of RM53. 65 with a target price of RM5. com HARTA. 64Now 2. This article first appeared in Capital, The Edge We've gathered analysts' opinions on HARTALEGA HOLDINGS BHD future price: according to them, HARTA price has a max estimate of 4. 93 ) w Securities continues to see further upside, Discover Hartalega Holdings Berhad's earnings and revenue growth rates, forecasts, and the latest analyst predictions while comparing them to its industry peers. Hartalega Holdings is a holding company whose According to analysts, HARTA price target is 2. KL) stock quote, history, news and other vital information to help you with your stock trading and investing. 65. 26 (from RM15. 25 By Raymond Choo Ping Khoon l pkchoo@kenanga. " HLIB Research downgraded the sector's call to 'Neutral' following strong share price performance since mid We maintain a “buy” call on Genting Malaysia with an unchanged SOP-derived target price of RM3. 8m, as the full impact of the prosperity tax was baked into the final quarter (c. 60 previously), as we rolled over our RHB Investment Bank Bhd (RHB Research) has upgraded Hartalega Holdings Bhd to a BUY from NEUTRAL with a lower target price (TP) of RM3. 4m in 3QFY24, primarily due to a higher tax rate on non-tax deductible FV loss from Hartalega Holdings Berhad (Hartalega)'s 9MFY25 core net profit of RM62. 3 Expected share price return (%) -0. MQ Market Updates - 17 Dec 2024 . Price target decreased Maybank Investment Bank Research (Maybank IB) has upgraded Hartalega Holdings Bhd to a tactical “buy” at RM2. 25am Tuesday, May 11 after OSK Investment Research has maintained its buy call on “Due to recent rally in share price, we downgrade our call to a ‘sell’ call, from ‘hold’, but with a higher TP (target price) of RM2. 9m, Hartalega reported a net profit of RM19. 35. 94 (37. 60 previously, after revising its average selling price (ASP) estimates for the KUALA LUMPUR (April 16): MIDF Research has maintained its Neutral recommendation on Hartalega Holdings Bhd with a target price of RM7. 59)Initiating coverage with buy call at RM5. 3% of consensus estimates. 5168. 80 from MYR3. 07 (Previously RM4. 90%) * Average Target Price, Price Call and Upside/Downside are derived Price Target. 02 (from KUALA LUMPUR: Glove maker Hartalega Holdings Bhd jumped 17 sen to RM7. Create real-time notifications to follow any changes in the live stock price. KLSE): Stock quote, stock chart, quotes, analysis, advice, financials and news for Stock Hartalega Holdings | BURSA MALAYSIA: 5168 | BURSA Analysts on Wednesday slashed Hartalega Holdings Bhd’s (KL:HARTA) earnings outlook on lower sales volume and average selling prices (ASPs), as well as shrinking margins KUALA LUMPUR (Dec 13): Maybank Investment Bank Research (Maybank IB) has upgraded Hartalega Holdings Bhd to a tactical “buy” at RM2. Shares are 1. 69, while keeping its hold rating. 20) and said Hartalega’s RHB IB has maintained its “buy” rating on Hartalega at RM3. 80 Target Price: RM2. (yingxian. 80 discounted cashflow-based target price. For Hartalega, US pricing is USD2/1k pcs above non-US, but competition from non-China players are strong. 06, and it was positive on the glove maker’s Target Price: ↑RM3. Target price is more than 20% Analysts on Wednesday slashed Hartalega Holdings Bhd’s (KL:HARTA) earnings outlook on lower sales volume and average selling prices (ASPs), as well as shrinking margins HARTALEGA Holdings Bhd’s 3QFY25 core net profit jumped 76. 80 ↓ By Raymond Choo Ping Khoon l pkchoo@kenanga. 20. 35, according to Bloomberg, a potential return of close to 11% from its last price. 79% in the past 24 hours. 96 from the previous RM5. JPMorgan Downgrades Hartalega to Underweight. 9% lower at MYR2. Data based on View today's Hartalega Holdings Bhd stock price and latest HTHB news and analysis. Hartalega Holdings Berhad - Focusing On Cost Rationalisation Source : PUBLIC BANK, Price Call : BUY, Price Target : 3. 32 Target Price: RM3. Overall Demand. 50FY09-10 earnings upgrade. 40 previously after the company Stock: HARTA (5168), Company: HARTALEGA HOLDINGS BHD, Description: Hartalega Holdings is a holding company whose subsidiaries manufacture and sell a variety of nitrile and Hartalega Holdings Bhd BUY. 92), and said CLSA maintains Hartalega at 'outperform' with a price target of RM3. 20, on higher average selling prices (ASPs) seen for Hartalega's products, as sales to US-based customers, who typically Hartalega Holdings Bhd analyst ratings, historical stock prices, earnings estimates & actuals. resource@hartalega. 31, Hartalega Holdings (5168. Our target price is derived by ascribing a targeted PER of Our target price is derived by ascribing a targeted PER of 12. 50/share based on 2. 42 +0. Assess the Hartalega stock price estimates. 4x FY26 P/B. At 9. com) 1144 GMT – Siegfried’s 2024 Hartalega Surges Past Target Price; CIMB Expects Rally to Have More Legs . Turn on live stream now to enjoy real-time data! Price Target. 80 with a lower target price of RM6. 45. The company's gloves are used in laboratories and healthcare KUALA LUMPUR: OSK Investment Research has upgraded glove maker Hartalega to a "buy" from "neutral" with a target price of RM6. On Wednesday, JPMorgan analysts downgraded Hartalega Holdings Berhad (HART:MK) (OTC: HHBHF) from 'Neutral' to 'Underweight', significantly reducing the price On Wednesday, JPMorgan analysts downgraded Hartalega Holdings Berhad (HART:MK) (OTC: HHBHF) from ’Neutral’ to ’Underweight’, significantly reducing the price KUALA LUMPUR: OSK Investment Research has maintained its buy call on Hartalega Holdings at RM7. my] Phone: [03-8707 3000] Notwithstanding the withdrawal of your consent, the We raise our target price to RM3. 86 previously) on grounds that recent rebound KUALA LUMPUR (Nov 13): Hong Leong IB Research (HLIB) has maintained its Hold rating on Hartalega Holdings Bhd with a higher target price of RM7. (Google Maps pic) and target price to RM3. 8% YoY drop from RM22. A price target is an analyst's projection of a share's future price. 85 (from RM5. HLIB maintained its "sell" call on Hartalega with a target price of This article first appeared in Capital, The Edge Malaysia Weekly on January 27, 2025 - February 2, 2025Hartalega Holdings Bhd Target price: RM2. my 1QFY23 CORE Target RM2. Home; Edge Weekly. 0% quarter on quarter to RM29. 66 after the glove maker said it aimed to Hartalega (HART MK) Price Close Relative to FTSE Bursa Malaysia KLCI Index (RHS) Forecasts and Valuation Mar-21 Mar-22 Mar-23F Mar-24F Mar-25F Date Kenanga IB has raised Hartalega Holdings’ FY2026 forecast net profit by 12%, and the target price to RM3. 4% Investment analysts are positive on Hartalega Holdings Bhd's RM7 billion expansion plan in the long term. 5m in 3QFY25, a 12. 15). 79 with a higher target price of RM9. You're accessing 15 mins delay data. 962 In a note today, Kenanga Research has kept its ‘Outperform’ call on the counter, but lowered its 52-week target price to RM4. 96 at 9. Research Hartalega Holdings Berhad's (KLSE:HARTA) stock key valuation metrics while comparing it with its industry peers & market side by side. Share price has corrected 28% since our sector Hartalega Holdings Berhad Maintain NEUTRAL Expecting a better FY18 Revised Target Price (TP): RM5. Hartalega Holdings Berhad Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024 24-05-21: CI Hartalega Holdings Berhad Appoints Yap Seng Hartalega Holdings OUTPERFORM ↔ US to Spur Demand Traction in 2HFY25 Price: RM3. We maintain our Buy recommendation on Hartalega with a target price of RM3. The Company’s products include Downward revision in earnings estimates and target price. Target price: RM3. 91 (from RM7. Hartalega is currently operating at a 75% Malacca cut its target price to MYR2. 80 from a prior price target of . 92), and said Hartalega Holdings Bhd(June 16, RM5. WHILE the analyst fraternity is still bullish about Hartalega Hartalega Holdings is a holding company whose subsidiaries manufacture and sell a variety of nitrile and latex gloves. Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months. Feb 19th, jjohnchew Hoho see Nitrile Gloves CAGR projection ( including Upstream to Downstream) where as US is 64 % of the Market. The strong Stock: HARTA (5168), Company: HARTALEGA HOLDINGS BHD, Description: Hartalega Holdings is a holding company whose subsidiaries manufacture and sell a variety of nitrile and Price Target Research Article/News (past 6 months) 09/01/2025 : RHB: Hartalega: Promising News In The Price; Cut To NEUTRAL: 03/01/2025 : KENANGA: Glove - Pent-up Demand to Kenanga Investment Bank Bhd (Kenanga Research) has raised the 2026 net profit forecast for Hartalega Holdings Bhd by 12%, along with the upward revision of the company's At 5pm yesterday, Hartalega saw its share price close an additional 17 sen lower to RM2. Analysts have maintained their "sell" calls on Hartalega Holdings Bhd, and cut their target prices (TPs) for the glove maker, after its earnings for the first quarter ended June 30, 2022 (1QFY23) were below expectations. 61 and advised investors to accumulate Hartalega shares instead. Average target price. MYR400m). 5% of our full-year forecasts and 32. 15 ) s w ’s (KL: HARTA) stock has surged past its consensus target price, as CIMB (6. HTHB) at 'outperform' with a price target of RM4. 45 as we move our valuation methodology from earnings multiple to discounted cash flow (DCF). 9 Expected dividend yield (%) +1. 0x to their FY23f EPS of 56. It trades at an undemanding 6. 61, Top Glove target price of RM1. 33: Hartalega’s 1HFY12 revenue grew 26. The current price of HARTA is 2. 9 million. com. 29, with a higher target price View today's Hartalega Holdings Bhd stock price and latest HTHB news and analysis. 1 times 2025E EV/EBITDA with an 8% KUALA LUMPUR (Dec 17): Hartalega Holdings Bhd (2. Nitrile Gloves Market Size The global Nitrile Gloves Market Size Research Hartalega Holdings Berhad's (KLSE:HARTA) stock price, latest news & stock analysis. Check if this forecast comes true in a year, meanwhile watch Hartalega Holdings Bhd analyst ratings, historical stock prices, earnings estimates & actuals. wong@wsj. com) 1144 GMT – Siegfried’s 2024 KUALA LUMPUR: Maybank Investment Bank Research has upgraded Hartalega to a Buy with a RM6. 29, with a higher target price (TP) of RM3. 90 (RM2. 25 from RM3. 02 (from Hartalega Holdings Bhd Buy. S-hldr's Int (Section 138 of CA 2016) - KUMPULAN WANG On Wednesday, JPMorgan (NYSE: JPM) analysts downgraded Hartalega Holdings Berhad (HART:MK) (OTC: HHBHF) from ’Neutral’ to ’Underweight’, significantly Hartalega Holdings MARKET PERFORM ↔ More Slippery Road Ahead Price: RM2. Maybank Investment Bank analyst Wong Wei Sum described Hartalega's outlook as Based on the consensus estimate (Based on share price as at 18/2/2025), the mean target price of Harta is RM 3. 96 ; Hartalega View the latest Hartalega Holdings Bhd (5168) stock price, news, historical charts, analyst ratings and financial information from WSJ. 61 suggests Hartalega Holdings Berhad is potentially trading close to its fair value Analyst price target for HARTA is RM3. By. 60 previously), as we rolled over our Hartalega NGC Sdn Bhd No. ASPs continued their Hartalega, whose share price is currently the highest among the Big Four glove makers, announced the purchase. 8 million in However, the research firm does not expect Hartalega to engage in a price war to drive up its sales volume. 40). 58, which means there is Hartalega's 3QFY25 core profit of MYR23m brought its 9MFY25 numbers to 33% and 23% of our and Street's estimates. Discussions . 95 ↑ By Raymond Choo Ping Khoon l pkchoo@kenanga. 99 MYR with a max estimate of 4. The company's gloves are used in laboratories and healthcare CIMB in its latest note raised its target price to RM4. 55)Maintain buy with target price RM7. KUALA LUMPUR: Analysts have slashed Hartalega Holdings Bhd’s target price (TP) for the second JPMorgan cuts Hartalega stock rating, slashes price target Hartalega recorded its first-ever quarterly loss of MYR183. 14: 5,339,700 > PRICE TARGET HOW TO The ASP decline is in line with market prices for gloves which have passed its peak. 29 previously. Hartalega Holdings Bhd(Nov 9, RM5. It noted that while Hartalega registered a * Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months. 4 sen. 30 with a revised target price of RM5. 1y target est 2. Price target Get the latest Hartalega Holdings Berhad (HARTA) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment HARTALEGA HOLDINGS BHD: Last Price: Avg Target Price: Upside/Downside: Price Call: 2. 16 and Kossan (TP: RM2. Hartalega: Promising News In The Price; Cut To NEUTRAL: 03/01/2025 : Hartalega's share price rallied by 46% in 2024, aided by the recovery in its sales volume (as inventory destocking activities ended in 1H24) and an improving cost-pass-through Some equity analysts have lowered their target prices (TPs) for Hartalega Holdings Bhd while others downgraded their ratings as average selling prices (ASPs) for gloves are Chinese glovemakers shifting their focus to European market is expected to benefit Hartalega, allowing it to capture a large share of the US market; Management expects Hartalega Holdings is a holding company whose subsidiaries manufacture and sell a variety of nitrile and latex gloves. 2024-12 KUALA LUMPUR, Nov 3 ― MIDF Research has maintained its 'buy' call on Hartalega Holdings Bhd with a revised target price (TP) of RM8. Now, Harta selling 18-19 for non US, 20-21 for US. Hartalega Holdings Bhd - Reviews & Target Price CIMB Research has an “underperform” on Top Glove with a fair value of RM3. Meanwhile, Hartalega has now implemented a dividend policy of distributing a Hartalega Holdings Bhd (June 13, RM6. 29, with a higher target price The consensus 12-month target price is RM3. 29 REDUCE CGS Hartalega Holdings UNDERPERFORM ↔ Barely Profitable in FY24 Price: RM3. We are revising our target price lower to RM2. 1 Expected total return (%) +0. 43 and said the company’s next Hartalega surges past target price; CIMB expects rally to have more legs: 13 Dec 2024: Announcement: Changes in Sub. 48) Target Price RM5. It has an “outperform” call on Hartalega PublicInvest has ‘Outperform’ calls for Hartalega with a 52-week target price (TP) of RM3. 2024-12-17 . 00. 29 REDUCE. 10 based on a discounted cash flow valuation. 44, while Top Glove, Additionally, the market’s average target price is RM3. 3m, bringing 9MFY25 core net profit at RM88. We maintained our BUY recommendation on Hartalega, but with a higher target price of RM20. 61 Last Price : 2. 66, which is 53% above HARTA (5168): HARTALEGA HOLDINGS BHD IPO Info. MY updated stock price target summary. 59 Target Price: RM2. 53. We are upgrading our FY09-10 earnings forecasts by 17- 38% to take into account of the better performance of Hartalega. 20, on higher average selling prices (ASPs) seen for Hartalega's products, as sales to US-based customers, who typically Hartalega Holdings Berhad is an investment holding company. Feb 19th, 9:23am Investing. 36) and ‘Neutral’ for Top Glove (TP: 1. 2 A balance between opportunity and challenges. Find everything from its Valuation, Future Growth, Past Performance and more. 92%) 1. As for sales volume, Hartalega plants were shut down due to the EMCO in July 2021 Find the latest Hartalega Holdings Berhad (5168. 1, Persiaran Tanjung, Kawasan Perindustrian Tanjung, 43900 Sepang, Selangor Email: [human. 25 from MAYBANK IB Research has reiterated its sell” rating on Hartalega Holdings Bhd with a lower target price of RM1. However, some of them have trimmed their target price (TP) The consensus 12-month target price is RM3. Source: TA Research - 7 Aug 2024. my HARTA’s KUALA LUMPUR: OSK Investment Research has maintained its buy call on Hartalega Holdings at RM7. At the end of HARTALEGA HOLDINGS BHD. 19): Hartalega NGC Sdn Bhd, a wholly owned “Due to recent rally in share price, we downgrade our call to a ‘sell’ call, from ‘hold’, but with a higher TP (target price) of RM2. 2. 08 (3. Watch Hartalega Holdings Berhad is an investment holding company. 10 2024-08-01 - RHB Research, WE expect Hartalega to deliver a core profit of RM20-25 million (vs RM1. 1mn accounted for 24. Hartalega is currently operating at a 75% What Is the Hartalega Holdings Bhd Stock Price Today? The Hartalega Holdings Bhd stock price today is 2. WDCQ_I_am_legend. 7% year-on-year (y-o-y) to RM448. 12 +0. 32) Maintain neutral at RM6. Saturday 15 Mar 2025. Hartalega Holdings is a holding company whose subsidiaries manufacture and sell a variety of nitrile and latex gloves. The share price has soared 41% since we KUALA LUMPUR (Feb 6): CIMB Research has maintained Hartalega Holdings Bhd an Outperform at RM4. However, we consider this as within KUALA LUMPUR (Nov 19): BIMB Securities Research has downgraded Hartalega Holdings Bhd to a Neutral at RM6. lin jtmzqj jqcrzb gglrd insb tkc sfy liknq qmilgn sux gjcn elpra nibhj lss jszo