Goldman Sachs: Maintains positive view on Pop Mart (09992.HK) profit, raises target price to HK$350.

According to the Wisdom Financial APP, Goldman Sachs released a research report stating that the profit forecast for Pop Mart (09992.HK) for the years 2025 to 2027 has been raised by 28% to 34%. It is now estimated that the adjusted net profit for shareholders in 2025 and 2026 will be 12.8 billion yuan and 17.6 billion yuan respectively. Based on an unchanged PE ratio of 25 times for 2027, the new 12-month target price is 350 Hong Kong dollars (previously 260 Hong Kong dollars), implying an upward potential of 11%.