According to Securities Times Online, Nomura has raised its target stock price for Miniso from $25.60 to $26.30 and maintained a buy rating. This is another bullish move by an institution towards Miniso, following DBS Bank's upgrade of its rating to "buy" with a target price of $26.20. Previously, Jeffrey adjusted the target stock price of Miniso to HKD 39.10 and maintained its holding rating; Citigroup has given Miniso an overweight rating with a target price of $26.80.
Miniso is a Chinese holding company with brands including Miniso and TOP TOY. Its product themes are home decoration, small electronic products, textiles, beauty tools, toys, cosmetics, personal care products, snacks, perfume, stationery and gifts, etc.