Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>Citi Adds GWMOTOR (02333.HK) TP to $23.7, Rating Buy
Recommend 7 Positive 9 Negative 1 |
||||
|
||||
|
Citi released a report on GWMOTOR (02333.HK), of which 2Q earnings met street consensus. The management reiterated its bullish guidance for a 40-50% HoH increase in shipments in 2H, backed by a strong model cycle. The broker raised the target price for GWMOTOR from HKD18.6 to HKD23.7, with a Buy rating. This was based on several assumptions, including an upward revision of sales forecasts for 2026/ 2027 to 1.67 million/ 1.78 million units; and an increase in net profit to RMB17 billion and RMB17.4 billion for 2026 and 2027, respectively. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
