Deutsche Bank: Raises Geely Automobile (00175.HK) target price to 25 Hong Kong dollars, expects Galaxy A7 monthly sales volume to exceed 10,000 units.

According to the app of Wise Wealth, Deutsche Bank released a research report stating that Geely Automobile (00175.HK) officially launched the plug-in hybrid model Galaxy A7, with a price range between 82,000 and 118,000 yuan, which is more than 10% lower than the pre-sale price. Based on the expectation of increased "other income", the bank has raised its net profit forecast for 2025 by 6.7%, and has also raised its net profit forecast for 2026 by 1% due to an increase in sales forecast by 2%; the target price has been raised from 23 Hong Kong dollars to 25 Hong Kong dollars, with a "buy" rating.