Citi: Slight reduction of target price for Shenzhou International (02313.HK) to 94 Hong Kong dollars, maintains "buy" rating.

date
05/12/2025
According to the Wise Finance APP, Citigroup released a research report stating that it has lowered its profit forecast for Shenzhou International (02313.HK) for the years 2025 to 2027 by 2%. The target price has consequently been reduced from 95 Hong Kong dollars to 94 Hong Kong dollars. Citigroup maintains a "buy" rating and believes that the stock price decline may reflect management's conservative outlook on sales, providing a buying opportunity. This is because the expected dividend yield for the 2026 fiscal year is 4.8%, and the average annual compound growth rate for earnings per share over the next 3 years is 12%.