"Foreign Capital Highlights" Citigroup sets a target price of HKD 125 for Techtronic Industries, reiterating a "Buy" rating

etnet
2025.11.05 02:59
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Citi reiterated its "Buy" rating on Techtronic Industries, with a target price of HKD 125. Although Stanley Black & Decker lowered its adjusted earnings per share guidance for 2025 to USD 4.55, this is in line with Citi's expectations. Citi is more confident in its 2025 forecast for Techtronic Industries, believing that its stock price has fallen excessively, and expects a price-to-earnings ratio of 14 times in 2026, with a dividend yield of over 3%