CICC: Maintains "Outperform" rating on Greentown Service (02869.HK) with a target price of HK$5.56.

According to the Securities Times app, Zhongjin released a research report stating that it maintains unchanged profit forecast for Greentown Service (02869.HK), with projected growth of 17% in both 2025 and 2026, reaching 920 million yuan and 1.07 billion yuan respectively. The industry outperformance rating and target price of 5.56 Hong Kong dollars (corresponding to 18 times 2025 target P/E ratio, with 22% upside potential) are maintained. The company is currently trading at 15 times 2025 P/E ratio and a forecasted dividend yield of 4.8%.