CICC International: Gives Natura (01316.HK) a "buy" rating, new products and new customers to solidify growth foundation.

According to the WiseFinance APP, Guoyuan International released a research report predicting that Nidec Corporation (01316.HK) will have revenues of 48.96 (+6.8%), 52.53 (+7.3%), and 56.47 (+7.5%) billion US dollars in 2026-2028, with net profits attributable to shareholders of 1.55 (+52%), 1.89 (+21.9%), and 2.28 (+20.5%) billion US dollars. Steer-by-Wire and Chassis-by-Wire are the development trends in the automotive industry, and in this field, Nidec Corporation is in a leading position. The certainty of the company's increasing revenue and profits is relatively high. Compared to industry valuations, it is reasonable to calculate the company's valuation at 16.8 times PE by 2026, with a corresponding target price of 8.12 Hong Kong dollars per share, offering a 57.6% upside potential from the current price. The company is given a "buy" rating.