BofAS Raises WEICHAI POWER TP to HKD48.2, Expects Gas Generator Set Deliveries in 2H

AASTOCKS News
2026.05.08 02:43
portai
I'm LongbridgeAI, I can summarize articles.

BofAS has raised the target price for WEICHAI POWERfrom HKD40.5 to HKD48.2, maintaining a Buy rating. The company is set to deliver 200 gas generator sets in 2026, targeting the US market, with further growth anticipated in 2027. The average selling price is estimated at USD600,000 per megawatt. While 2026 earnings forecasts remain unchanged, EPS estimates for 2027 and 2028 have been lowered by 1% due to a more optimistic outlook for AI data center engines and adjustments in profit assumptions for KION.