According to "The Big Banks," Bank of America Securities raised the target price for WH GROUP to 11.5 yuan and reiterated a "Buy" rating

Bank of America Securities published a research report, expecting WH GROUP (00288.HK) to achieve a year-on-year growth of 5% in operating profit and 7% in net profit after tax for the first quarter of this year, in line with expectations. It also believes that the company's business in China is likely to outperform expectations, while the U.S. business meets expectations, which will be sufficient to offset the weak performance in Europe.

The firm generally maintains its earnings per share forecast for WH GROUP for this year and next, raising the target price by 4.5%, from HKD 11 to HKD 11.5, reiterating a "Buy" rating, optimistic about its high dividend yield and stable profit outlook for this year