Core Viewpoint - Citigroup's research report indicates that China Merchants Port's stock price has increased by 36% over the past 12 months, suggesting that the risk-reward balance is becoming more even [1] Group 1: Stock Performance - China Merchants Port's stock price has risen by 36% in the last year [1] Group 2: Rating and Target Price - Citigroup has downgraded the rating of China Merchants Port from "Buy" to "Neutral" [1] - The target price for China Merchants Port has been raised from HKD 5 to HKD 5.51 [1] Group 3: Market Considerations - The report expresses caution regarding the narrowing of profit margins to approximately 6 percentage points below pre-pandemic levels due to tariff differences and negative demand from shipping companies this year [1]
大行评级｜花旗：上调中远海运港口目标价至5.51港元 评级降至“中性”