Bank of America Securities: Reiterates "Buy" rating on JD Group-SW (09618.HK) with a target price of HKD 149.

According to the Zhito Finance APP, Bank of America Securities has issued a research report reiterating its "Buy" rating on JD Group-SW (09618.HK), with a target price for H shares set at HKD 149, corresponding to an unchanged adjusted forecast PE ratio of about 11 times for 2026. The bank maintains its adjusted net profit forecasts for 2026 to 2028 at 32 billion, 41 billion, and 48 billion RMB.