CLSA: Raises H&H International Holdings (01112.HK) target price by 28.4% to HK$28, reiterates "Outperform" rating

Zhitong Finance APP has learned that CLSA issued a research report stating that it has raised the target price of H&H International Holdings (01112.HK) from HK$21.8 by 28.4% to HK$28, reiterated its "Outperform" rating, and raised its profit forecasts for 2026 to 2028 by 0% to 2%. The bank expects that the strong growth momentum of the infant milk formula (IMF) business will continue; as the impact of the channel transformation in the Australian and New Zealand markets gradually fades, sales growth of the adult nutrition and care (ANC) business in the third quarter of 2026 will accelerate compared with the second quarter.