瑞银：升中银航空租赁(02588)目标价至86.5港元 维持“买入”评级

Core Viewpoint - UBS reported that China Aircraft Leasing Group (02588) achieved a net profit of $342 million in the first half of the year, which is broadly in line with market expectations but slightly exceeds UBS's forecast [1] Financial Performance - The company’s revenue growth is expected to accelerate, and core profit growth is anticipated to remain stable, which may lead to a positive market reaction [1] - UBS has slightly raised its earnings forecasts for China Aircraft Leasing for the years 2025 to 2027 by 1% to 2%, reflecting the mid-term performance that exceeded expectations [1] - The firm projects an 11% growth in core profit for the current year, with a compound annual growth rate of 16% expected from 2024 to 2027 [1] Target Price and Rating - UBS has increased the target price for the company from HKD 85 to HKD 86.5 and reiterated a "Buy" rating [1]