Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>UBS Drops JD INDUSTRIALS (07618.HK) TP to $22.8, Keeps Buy Rating
Recommend 3 Positive 2 Negative 3 |
||||
|
||||
|
The share price of JD INDUSTRIALS (07618.HK) inclined following its results announcement, which is believed to be due to the market's positive reaction to the Company's earnings performance and favorable valuation level, UBS published a research report saying. The broker was optimistic about the Company's 2026 outlook, expecting its revenue to accelerate growth and profit margins to expand steadily. UBS considered the stock to be undervalued and kept rating at Buy. However, the broker dropped its target price by 3% to $22.8 from $23.5. UBS also reduced its 2026-2027 earnings forecasts for the Company by 4%, mainly reflecting lower revenue forecasts after actual value adjustments. AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
