大行评级｜大和：上调极兔速递目标价至14.5港元 重申“买入”评级并列为行业首选股

Group 1 - The core viewpoint of the report is that J&T Express exceeded expectations in Southeast Asia and new market growth in Q4 last year, driven by increased online sales penetration and platform investments [1] - The target price for J&T Express has been raised from HKD 12.5 to HKD 14.5, and it is classified as the industry’s preferred stock [1] - Earnings per share forecasts for 2025 to 2027 have been increased by 4% to 37% [1] Group 2 - The forecast for package volume growth in Southeast Asia and new markets for J&T Express has been revised upward from 25%-30% to 30%-35% due to the unexpected growth in package volume in Q4 [1]