CKF – UBS rates the stock as Buy

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First half results were in line with UBS estimates, although Europe was behind. The broker envisages solid growth opportunities from the company’s expansion strategy.

UBS considers the valuation appealing and maintains a Buy rating. Target is raised to $6.55 from $6.28.

Sector: Consumer Services.

Target price is $6.55.Current Price is $5.93. Difference: $0.62 – (brackets indicate current price is over target). If CKF meets the UBS target it will return approximately 9% (excluding dividends, fees and charges – negative figures indicate an expected loss).

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