Core Viewpoint - Deutsche Bank has raised the target price for Zhenkunhang to $4.50 and maintained a "Buy" rating, expecting the company's revenue growth to recover to mid-single digits by Q4 2025, with a potential for quarterly profitability [1] Group 1: Financial Performance and Projections - The report indicates that the impact of Zhenkunhang's business adjustments has been largely absorbed, leading to improved profitability prospects for the full year of 2026 [1] - Deutsche Bank anticipates that Zhenkunhang will disclose its Q4 2025 performance in mid-March, with expectations for continued profit improvement driven by increased self-branding, economies of scale, and operational efficiency [3] Group 2: Stock Performance - Over the past week, Zhenkunhang's stock price fluctuated between a decline of 0.86% and a range of 4.00%, with a notable drop on February 9 and February 11 [2] - The average daily trading volume during this period was less than $100,000, indicating low liquidity in the stock [2] Group 3: Market Position and Valuation - Zhenkunhang is recognized as the second-largest MRO service platform in China, with potential for valuation recovery compared to JD Industrial, as noted in a report by Guozheng International [3]
德意志银行上调震坤行目标价至4.50美元，维持买入评级