Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>Citi Sets CKH's TP at HKD78, Adds 90D Short-Term Upside View; Diversified Portfolio Supports Stable Growth
Recommend 1 Positive 7 Negative 3 |
||||
|
||||
|
A YoY increase of 7% in CKH HOLDINGS (00001.HK)'s 2025 profit reminded investors again of its highly diversified business portfolio across regions and industries, which helped mitigate inherent systemic risks and address market volatility, Citi wrote in its research report. Looking ahead, CKH HOLDINGS management anticipates a slowdown in port throughput due to geopolitical tensions, but the stable profit growth in retail and infrastructure businesses should offset this potential risk. To reflect the FY25 performance, latest operational trends, and current exchange rates, Citi has cut CKH HOLDINGS' earnings estimates for 2026 and 2027 by 3-5%, while introducing an earnings forecast for FY28. The broker has also added a 90-day short-term upside view, suggesting that if any potential M&A transactions in its port, retail, and telecom businesses are finalized, it could unlock asset value and narrow the net asset value discount. Citi has set its target price for CKH HOLDINGS at HKD78, with a Buy rating. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
