MTR traded at 31.02 this Wednesday June 24th, increasing 0.14 or 0.45 percent since the previous trading session. Looking back, over the last four weeks, MTR gained 6.17 percent. Over the last 12 months, its price rose by 10.98 percent. Looking ahead, we forecast MTR to be priced at 30.54 by the end of this quarter and at 27.79 in one year, according to Trading Economics global macro models projections and analysts expectations.
MTR Corporation Limited is principally engaged in railway operation. The Company has six segments. Hong Kong Transport Operations is engaged in the provision of passenger operation and related services for railway systems, airport expresses, as well as light rails and buses in Hong Kong. Hong Kong Station Commercial Businesses is engaged in the letting of advertising, retail and car parking spaces, the provision of telecommunication and bandwidth services and other commercial activities in Hong Kong. Hong Kong Property Rental and Management is engaged in the letting of retail, office and car parking spaces, as well as the provision of estate management services in Hong Kong. Hong Kong Property Development is engaged in property development near the railway systems. Railway, Property Rental and Management Businesses is engaged in the construction, operation and maintenance of mass transit railway systems. Mainland of China Property Development is engaged in property development.