Daiwa raised the target price of BOC Aviation to 90 yuan and reiterated the "Buy" rating
Daiwa published a report stating that BOC Aviation (02588.HK) is expected to see a basic profit growth of 18% year-on-year in 2025, while also increasing the dividend payout ratio, reflecting the management's confidence in long-term business. The "Buy" rating is reaffirmed, with the target price raised from HKD 72 to HKD 90.
The firm indicated that after adjusting the net leasing yield assumptions, it has raised its earnings per share forecast for BOC Aviation for the fiscal years 2026 to 2027 by 11% to 12%. It also raised the 2026 free cash flow forecast by 26% to reflect the latest aircraft delivery and net leasing yield assumptions
Source: AASTOCKS The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments