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Home > Latest

CICC: Maintains Pacific Shipping's outperform industry rating and raises target price to 2.4 Hong Kong dollars.

date
08/08/2025
Zhongjin's research report, as learned from the Wisdom Financial APP, maintains the profit forecast for Pacific Shipping (02343.HK) unchanged. The current stock price corresponds to a 9.8 times price-to-earnings ratio in 2025 and an 8.8 times price-to-earnings ratio in 2026. The industry outperformance rating remains unchanged, considering the improvement in industry risk appetite. The company's target price is raised by 14.3% to 2.4 Hong Kong dollars per share, corresponding to a 10.1 times price-to-earnings ratio in 2025 and a 9.1 times price-to-earnings ratio in 2026, with a 4.3% upward potential from the current stock price.
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