花旗看好老铺黄金增长前景 目标价1084港元

Group 1 - Citi projects that Laopu Gold's revenue will grow by 198% in the first half of this year, reaching 10.5 billion RMB [1] - The net profit is expected to increase by 260%, amounting to 2.1 billion RMB [1] - For the years 2025 and 2026, net profit is forecasted to grow by 220% and 37%, reaching 4.727 billion RMB and 6.459 billion RMB respectively [1] Group 2 - After a recent stock price adjustment, Laopu Gold is currently trading at a forecasted price-to-earnings ratio of 30 times and 22 times for the next two years [1] - Citi maintains a buy rating on the stock and initiates a 30-day upward catalyst observation [1] - The target price is set at 1,084 HKD based on a forecasted price-to-earnings ratio of 36 times for 2025, corresponding to a growth rate of 0.34 times [1]