BOCI Research: Raises Target Price of Mei's Group (00300.HK) to 94.7 Hong Kong Dollars, Maintains "Buy" Rating.
According to the Securities Times app, China International has released a research report stating that it has raised the target price of Midea Group (00300.HK) by 2%, from 92.8 Hong Kong dollars to 94.7 Hong Kong dollars, maintaining a "buy" rating. Midea's first quarter revenue and net profit in 2026 both increased by 2.5% and 2% respectively. The bank believes that these figures are actually encouraging and are expected to bring some surprises to the market.
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