智通财经网·2025-10-21 01:43Core Viewpoint - Bank of America Securities has raised the earnings per share forecast for Pacific Basin Shipping (02343) by an average of 7% for 2025 to 2027, reflecting strong performance in the spot market in Q4 this year, while maintaining a "Neutral" rating due to reasonable valuation levels and uncertain prospects for the dry bulk market in 2026 [1] Group 1: Earnings Forecast and Valuation - The average earnings per share forecast for Pacific Basin Shipping has been increased by 7% for the years 2025 to 2027 [1] - The target price has been raised from HKD 2.4 to HKD 2.75 [1] - The company's Q3 performance was generally in line with expectations, with slightly weak freight rates, but an improvement in locked-in freight rates for Q4 [1] Group 2: Regulatory Environment - The company believes it should be exempt from paying port fees in the US and China [1] - However, there remains uncertainty in the regulatory environment, and further discussions with regulatory bodies are needed to assess whether this risk has been eliminated [1]