China International Capital Corporation (CICC): Maintains Geely Auto's "Outperform" rating with a target price of HKD 30.
CICC released a research report stating that it maintains its profit forecast for Geely Automobile for 2026 and 2027. The current stock price corresponds to a P/E of 7.9x for 2026 and 6.3x for 2027. They maintain an "outperform" industry rating and a target price of HKD 30.00, corresponding to a P/E of 12.6x for 2026 and 10.1x for 2027, indicating an upside potential of 60.7%.
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