Bank of America Securities: Raises target price of Zijin Mining (02899.HK) to HK$26, reiterates "buy" rating.

According to the WiseFinancial app, Bank of America Securities released a research report stating that it has lowered its net profit forecast for Zijin Mining (02899.HK) by 2% for this year. However, it has raised its forecasts for 2026 and 2027 by 1% and 5% respectively. Therefore, the bank has raised the company's H-share target price from 23 Hong Kong dollars to 26 Hong Kong dollars, while the A-share target price has been raised from 23 Chinese yuan to 26 Chinese yuan, reiterating a "buy" rating.