花旗升招金矿业目标价至37.5港元 上调金价预测

Group 1 - Citigroup has raised the target price for Zhaojin Mining (1818.HK) from HKD 21.6 to HKD 37.5, maintaining a "Buy" rating [1] - The bank has adjusted its gold price forecast for the next 0 to 3 months to USD 4,000 per ounce, expecting the average gold price to remain at a similar level in Q4 of this year [1] - Zhaojin Mining's profit forecasts for 2025 to 2027 have been adjusted, with increases of 23% and 14% for 2025 and 2026, respectively, and a decrease of 13% for 2027, reflecting rising gold prices and production costs, as well as a reduction in self-produced gold output forecasts for 2026 and 2027 [1]