Guotai Junan Securities: give a "buy" rating to October Rice Field (09676.HK) with a target price of 15.49 Hong Kong dollars.

The Wise Finance APP learned that Guotai Haitong released a research report stating that they have given October Rice Fields (09676.HK) a "buy" rating. The company is the leading brand of medium to high-end rice, with strong overall advantages, and is optimistic about the company's ability to continue to increase market share in the future. The bank predicts that the company's EPS for 2025-2027 will be 0.57/0.71/0.86 RMB. The bank believes that the company's products meet the trend of healthiness, the company has strong overall competitiveness, and is expected to maintain rapid growth in the future. The bank gives the company a target price of 15.49 Hong Kong dollars for 2025, which corresponds to 25x PE (based on 1HKD=0.92CNY).