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<Research>CICC Initiates Coverage on CATL w/ Rating Outperform, TP HKD580
Recommend 15 Positive 18 Negative 5 |
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CICC has released a report initiating coverage on CATL (03750.HK) with an Outperform rating and a target price of HKD580. The report highlighted CATL's leading position in terms of significant growth potential in expanding overseas markets. It is expected that the company's 2025-26 EPS will reach RMB15.27 and RMB19.74 respectively, implying a CAGR of 31.6% from 2024 to 2026. AAStocks Financial News |
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