Oppenheimer Maintains Outperform Rating On China Nuokang Bio-Pharmaceutical Inc. (NKBP)

Analysts Katherine Lu and Carolyn Qiu at Oppenheimer have maintained their Outperform rating on China Nuokang Bio-Pharmaceutical Inc. NKBP. The company delivered another solid quarter, with revenue and EPS coming in ahead of analysts’ and consensus estimates. Analysts say that the company’s risk/reward profile remains favorable due to:
  • the strong growth perspective of China’s hemacoagulase market,
  • the company’s specialty sales force to distribute additional in-licensing products,
  • and the fact that the stock is currently trading at just 7.9x analysts’ 2010 EPS estimate ex-cash.
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Posted In: Analyst ColorAnalyst Ratingsarolyn QiuKatherine Lu
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