Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>Citi Lifts GEELY AUTO (00175.HK) TP to $26, Rating Buy
Recommend 39 Positive 65 Negative 18 |
||||
|
||||
|
GEELY AUTO (00175.HK)'s management forecasts that both its ICE and NEV presented decent trend in 4Q24, and that they may be able to sustain their product mix from 1Q25, with quarterly sales likely to increase QoQ, according to a research report issued by Citi Research. Although overseas sales may decline QoQ in 1Q25, the negative impact is considered limited. Citi Research expected the Company's 1Q25 core profit to be around RMB3.2 billion to RMB3.4 billion, and its full-year core profit to reach RMB14 billion. The broker lifted its target price from $23 to $26, with rating kept at Buy. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
