Unveiling 4 Analyst Insights On Cathay General
Portfolio Pulse from Benzinga Insights
Cathay General (NASDAQ:CATY) has been analyzed by four analysts, showing a range of perspectives from somewhat bullish to somewhat bearish. The average 12-month price target has increased by 11.95% to $44.5. Despite a revenue decline of 12.76%, Cathay General maintains a strong net margin and effective asset utilization.
September 20, 2024 | 9:01 pm
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POSITIVE IMPACT
Cathay General has received mixed analyst ratings, with a recent increase in the average price target to $44.5, indicating a positive outlook despite a recent revenue decline. The company's strong net margin and asset utilization are positive indicators.
The increase in the average price target by analysts suggests a positive outlook for Cathay General, despite a recent revenue decline. The company's strong net margin and effective asset utilization are likely contributing to this positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100