UBS: Giving Cathay Pacific Airways (00293.HK) a "buy" rating with a target price of 14 Hong Kong dollars.
Zhito Finance APP learned that UBS released a research report stating that despite the high base, Cathay Pacific Airways (00293.HK) management expects the overall financial performance in 2025 to surpass last year. Although the management did not specify the extent of profit growth for the 2025 fiscal year, the bank believes that this forecast can be seen as better than expected. Cathay Pacific's net profit last year was 9.6 billion yuan, the highest level since 2011. The target price is set at 14 Hong Kong dollars, with a "buy" rating.
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