UBS Cuts CHINA RAILWAY TP to HKD4.3, Maintains Buy Rating

AASTOCKS News
2026.05.04 04:13
portai
I'm LongbridgeAI, I can summarize articles.

UBS has lowered its target price for CHINA RAILWAYfrom HKD4.5 to HKD4.3 while maintaining a Buy rating. The company reported a decline in revenue and net profit of 5.45% and 27.65% YoY, respectively, in 1Q26, attributed to its focus on traditional infrastructure and domestic projects. UBS adjusted its EPS forecasts for the current and next year down by 33% due to weaker-than-expected results for 2025, despite noting the company's strong quality control resilience.