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<Research>Citi Adds GEELY AUTO (00175.HK) TP to $27, Rating Buy
Recommend
27
Positive
45
Negative
17
GEELY AUTO (00175.HK) recorded sales of 233,000 vehicles in March, with total sales of 704,000 vehicles in 1Q26, higher than Citi Research’s forecast, Citi Research issued a research report saying.

Moreover, its March exports grew by 34% MoM, showing strong performance, while its YTD sales mix also beat expectation.

Related News CLSA: BYD, Geely Exports Further Increase; Domestic Auto Sales Momentum Rebounds
Therefore, Citi Research added its target price for GEELY AUTO from $26 to $27, with rating kept at Buy.

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