CICC International: Raised Target Price of Regal Real Estate (00666.HK) to HK$15.46, Maintains "Buy" Rating.

According to the Wise Finance APP, CICC International released a research report stating that it has raised the target price of Rentian Technology (00666.HK) from HK$14.25 to HK$15.46, an increase of 8.5%, corresponding to 1.1 times the 2026 market-to-sales ratio, and maintains a "buy" rating. The bank stated that under scale effects and refined management, the company's profitability is expected to continue to improve. Therefore, the bank has raised the gross profit margin for 2025-2027 by 2-4 percentage points and adjusted profit forecasts, expecting the company to achieve a net profit of 280 million yuan in 2026.