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<Research>Citi Cuts BYD COMPANY (01211.HK) TP to HKD233, Maintains Buy Rating
Recommend 29 Positive 60 Negative 35 |
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After the stock split of BYD COMPANY (01211.HK), Citi updated its forecasts on the company. The EPS forecasts for 2025/ 2026/ 2027 were adjusted to RMB6.199/ RMB9.731/ RMB12.718. Based on a PEG of 0.8x and a CAGR of net profit of 43% from 2025 to 2027, the TP was trimmed from HKD242.33 to HKD233, with a Buy rating maintained. AASTOCKS Financial News Website: www.aastocks.com |
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