---
title: "Citic Securities Sticks to Their Buy Rating for PICC Property & Casualty Co (PPCCF)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285788081.md"
description: "Citic Securities has reaffirmed its Buy rating for PICC Property & Casualty Co (PPCCF) as of May 7, setting a price target of HK$19.00, while the shares closed at HK$14.87. Additionally, CMB International Securities also issued a Buy rating on May 4. Conversely, DBS maintained a Hold rating on April 30."
datetime: "2026-05-09T00:37:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285788081.md)
  - [en](https://longbridge.com/en/news/285788081.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285788081.md)
---

# Citic Securities Sticks to Their Buy Rating for PICC Property & Casualty Co (PPCCF)

Citic Securities analyst maintained a Buy rating on PICC Property & Casualty Co on May 7 and set a price target of HK$19.00. The company’s shares closed last Tuesday at HK$14.87.

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In addition to Citic Securities, PICC Property & Casualty Co also received a Buy from CMB International Securities’s Nika MA in a report issued on May 4. However, on April 30, DBS maintained a Hold rating on PICC Property & Casualty Co (Other OTC: PPCCF).

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- [PICC Property & Casualty Sets New Board Lineup and Governance Committees](https://longbridge.com/en/news/282018504.md)
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