瑞银：升吉利汽车目标价至20港元 指估值已合理

Core Viewpoint - UBS report indicates that Geely Automobile (00175) is currently valued at a reasonable level, with a forecasted price-to-earnings ratio of 11.4 times for next year, and raises the target price from HKD 15 to HKD 20 [1] Sales Forecast - UBS has increased its sales forecast for Geely from 13% to 18% for the years 2025 to 2027, projecting sales volumes to reach between 3.1 million to 3.4 million units [1] Market Sentiment - The market generally holds an optimistic view on Geely Automobile, as the company achieved a 47% year-on-year sales growth in the first half of the year despite a large base, along with product cycle updates [1]