UBS: Initiate coverage of Dongfang Electric (01072.HK) with a target price of HKD 23.6 and a rating of "Buy"
According to the Securities Times app, UBS released a research report covering Dongfang Electric (01072.HK) for the first time, giving it a "buy" rating with a target price of 23.6 Hong Kong dollars. It predicts that the company's annual average compound growth rate of earnings per share from 2024 to 2028 will be 27%, compared to 11% from 2020 to 2024.
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