Jefferies: Raises Cafe de Coral Holdings (00341.HK) target price to HK$6.9, maintains "Buy" rating.

Zhito Finance APP has learned that Jefferies issued a research report stating that Cafe de Coral Holdings (00341.HK) has launched a multi-year transformation in the second half of fiscal 2026, with execution progress currently in line with plan. It is expected that as profitability improves, the decline in same-store sales will narrow, while the Greater Bay Area business will benefit from stronger delivery penetration; the target price has been raised from HK$6.6 to HK$6.9, maintaining a "Buy" rating.