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<Research>Citi Keeps Buy on CHINA OVS PPT, Lowers TP to HKD5.2
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CHINA OVS PPT (02669.HK) is focusing on comprehensive improvements from internal operations to external expansion under its "1345" strategy as part of the "15th Five-Year Plan", Citi's research report said. The company aims to drive sustainable long-term growth and value creation by deeply penetrating key sectors and strategic cities, targeting to be among the top three in segments such as schools, hospitals, and urban spaces. It also plans to increase market share in 40 core cities to achieve density-driven efficiency upgrades. Citi has kept a Buy rating on CHINA OVS PPT but cut its target price from HKD6.65 to HKD5.2. AAStocks Financial News |
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