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<Research>Citi Opens 30-Day Upside Catalyst Watch on CHOW TAI FOOK, Anticipates Strong 3Q26 Operating Results
Recommend 5 Positive 9 Negative 5 |
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Citi has published a research report initiating a 30-day upside catalyst watch on CHOW TAI FOOK (01929.HK), as it anticipates the company to announce strong 3QFY26 operating results in January and to raise the same-store sales growth guidance. Following CHOW TAI FOOK's robust performance in October and November, Citi expects the rise in its fixed-price gold product prices to sustain favorable same-store sales growth in December. Citi has kept a Buy rating on CHOW TAI FOOK and lifted its target price from HKD17 to HKD18.2, reflecting the heightened earnings forecast. AAStocks Financial News |
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