JPMorgan: Initiates Dajin Heavy Industry (01081.HK) with "Overweight" rating, target price HK$43

Zhitong Finance APP has learned that JPMorgan has issued a research report stating that it has initiated coverage on Dajin Heavy Industry (01081.HK) with an "Overweight" rating and a target price of HK$43. The bank pointed out that Dajin Heavy Industry is a leading global supplier of offshore wind power foundations. Although downward revisions to earnings forecasts have caused the share price to fall sharply since mid-2026, as foreign exchange and logistics headwinds fade and European order growth reaccelerates, the company's earnings are expected to rebound in 2027.