金十数据6月23日讯，汇丰环球研究发表报告，考虑到五矿资源(01208.HK)平稳的营运和高于同业的盈 利增长，将目标价从2.7港元上调18.5%至3.2港元，但考虑到铜价下行风险及缺乏股息，该行认为，该 股目前估值合理，因此将评级从买入下调至持有。报告指，该股股价过去一个月上涨逾30%，已反映铜 产业的正面发展，及集团盈利前景改善。即使铜价上涨，该行也认为股价上涨空间有限，而下行风险正 在加剧。 汇丰升五矿资源目标价18.5%至3.2港元 评级降至持有 ...

GMS Inc. GMS posted better-than-expected fourth-quarter fiscal 2025 results on Wednesday.Topping analyst estimates of $1.30 billion, the company announced quarterly net sales of $1.33 billion, a 5.6% decrease from a year ago. The specialty building products distributor's adjusted EPS of $1.29 was above the consensus of $1.11."We reported solid results for our fourth quarter and full-year fiscal 2025 despite the deterioration in end-market conditions as we moved through the year," commented John C. Turner, J ...

Core Viewpoint - Credit Lyonnais has lowered the target price for Meituan to HKD 185 due to profit margin pressures from competition in the food delivery sector and global expansion efforts [1] Financial Performance - Meituan's Q1 2025 performance exceeded expectations, with total revenue and adjusted EBITDA increasing by 18% and 62% year-on-year, reaching RMB 86.6 billion and RMB 11.2 billion, respectively, surpassing Credit Lyonnais's estimates by 1% and 12% [1] - The company anticipates a slowdown in core local commerce revenue growth and a year-on-year decline in profits for Q2 2025, as it prioritizes competitive responses and faces increased losses from new business ventures due to global expansion [1] Revenue and Profit Forecasts - Credit Lyonnais projects a 13% year-on-year increase in total revenue for Q2 2025, while adjusted EBITDA is expected to decline by 21% [1] - Core local commerce revenue is forecasted to grow by 10% year-on-year, with adjusted EBITDA anticipated to decrease by 12% [1] Adjustments to Profit Predictions - The firm has revised its adjusted net profit forecasts for Meituan downwards by 7% and 6% for the next two years, leading to a reduction in the target price from HKD 195 to HKD 185 [1]

Core Viewpoint - Nomura reports that Miniso's profitability is under greater pressure, leading to a 3% reduction in its target stock price from $23.2 to $22.5 while maintaining a buy rating [1] Financial Performance - Miniso's Q1 earnings fell short of expectations, with operating profit margin declining by 4 percentage points year-on-year [1] - The decline in profit margin is attributed to an increase in revenue contribution from lower-margin Direct-to-Consumer (DTC) business and a decrease in profit margin from DTC stores in the US and China [1] Future Outlook - Miniso maintains that revenue growth for 2025 is expected to outpace that of 2024, but will reassess this by the end of Q2 2025 [1] - The report indicates that adjusted earnings growth for 2025 is anticipated to exceed that of 2024, highlighting ongoing pressure on profitability [1] - Nomura emphasizes the need to closely monitor the trend of slower profit growth compared to revenue growth in the US, which has persisted for four consecutive quarters [1]

花旗升中国人寿目标价至17.9港元 维持"买入"评级 金十数据5月16日讯，花旗研究报告，分别将中国人寿(02628.HK)2025及26财年的每股盈利预测下调1% 及7%，以反映投资收入的预期较低；另将其目标价由17.7港元升至17.9港元，以反映2024财年业绩好过 预期；维持"买入"评级。 ...

智通财经5月2日电，摩根大通将苹果目标价从245美元下调至240美元。 ...

金十数据4月30日讯，汇丰环球研究发表报告，建设银行(00939.HK)目标价从8.9港元下调6%至8.4港 元，维持H股"买入"评级。虽然每股盈利较低，但H股仍然具有吸引力，估值仍然不高。该行将公司 2025/26年每股盈利预测下调3.8%及6.2%。该行认为2025年第一季业绩将略微偏负面，每股盈利按年减 4%至0.33元人民币，相当于该行及彭博共识的24.9%，运转率低于预期。净利息收入降幅超过预期，较 上季下降4.8%。净利差按季下降7个基点至1.41%。但建行的存款和贷款仍实现了强劲增长，资产品质 指标也有所改善。 汇丰：降建设银行H股目标价6%至8.4港元 维持"买入"评级 ...