JP Morgan raises Goldwind Science & Technology (02208) target price to 14 Hong Kong dollars, rated "neutral"

JP Morgan released a research report stating that the profit forecast for Goldwind Science & Technology (02208) from 2025 to 2027 is expected to range from 7% to 23%, mainly due to the lack of profit in late January, indicating that last year's net profit increase should be less than 50%. Its H-share target price has been raised from HK$12 to HK$14, with a "neutral" rating. The bank believes that investors' interest in the Chinese commercial aerospace sector is rapidly increasing, benefiting from the IPO application submitted by Blue Arrow Aerospace at the end of 2025. Goldwind Science & Technology, which holds a 4.14% stake in Blue Arrow Aerospace, has had its asset value reevaluated, but the reactions of various listed companies have been drastically different: since November 1, 2025, Goldwind Science & Technology's market value has increased by over 30 billion RMB, but its H-share price has remained flat, indicating that the A-share price has driven the increase in share price, while H-share investors remain cautious.