--- title: "M Stanley Cuts WH GROUP TP to HKD11.4, Reiterates Overweight" type: "News" locale: "en" url: "https://longbridge.com/en/news/293894507.md" description: "M Stanley cut WH GROUP's target price to HKD11.4 and lowered earnings forecasts for 2026-2028 by 3-4%, citing declining unit profits in China's packaged meat business and pressure on US operations. Despite the downgrade, the broker reiterated an Overweight rating." datetime: "2026-07-27T07:29:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293894507.md) - [en](https://longbridge.com/en/news/293894507.md) - [zh-HK](https://longbridge.com/zh-HK/news/293894507.md) generator: "portal-rs" --- # M Stanley Cuts WH GROUP TP to HKD11.4, Reiterates Overweight M Stanley released a research report stating that due to rising prior marketing investments and changes in product mix in WH GROUP (00288.HK) +0.050 (+0.599%) Short selling $18.93M; Ratio 19.391% 's China packaged meat business, unit profit declined YoY. Meanwhile, profits of its US packaged meat and slaughtering businesses came under pressure in 2Q26. Therefore, the broker expected the group's overall operating profit for the second quarter to record a mid- to high-single-digit YoY decline. M Stanley slightly lowered its earnings forecast for WH GROUP this year by about 4%, and based on a lower earnings base, cut its earnings forecasts for 2027 and 2028 by 3% to 4%. The broker reduced the group's TP from HKD12.7 to HKD11.4 and reiterated its Overweight rating.(sl/u)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-27 12:25.) ### Related Stocks - [WHGLY.US](https://longbridge.com/en/quote/WHGLY.US.md) - [00288.HK](https://longbridge.com/en/quote/00288.HK.md) - [MS.US](https://longbridge.com/en/quote/MS.US.md) - [MS-O.US](https://longbridge.com/en/quote/MS-O.US.md) - [MS-Q.US](https://longbridge.com/en/quote/MS-Q.US.md) - [MS-E.US](https://longbridge.com/en/quote/MS-E.US.md) - [MS-I.US](https://longbridge.com/en/quote/MS-I.US.md) - [MS-L.US](https://longbridge.com/en/quote/MS-L.US.md) - [MS-P.US](https://longbridge.com/en/quote/MS-P.US.md) - [MS-A.US](https://longbridge.com/en/quote/MS-A.US.md) - [MS-F.US](https://longbridge.com/en/quote/MS-F.US.md) - [MS-K.US](https://longbridge.com/en/quote/MS-K.US.md) ## Related News & Research - [07:31 ETFifth-Generation Family Member Ellory Frick Brunkhorst Named President of Frick's Quality Meats](https://longbridge.com/en/news/296483337.md) - [Public Storage announces R$ 0.41 per unit dividend for Q3 2026](https://longbridge.com/en/news/296635332.md) - [Ecolab sets R$ 0.13 per unit distribution for Q3 2026, payable Oct. 21](https://longbridge.com/en/news/296635995.md) - [FLO: Sales and earnings declined sharply, prompting a downward revision to full-year guidance](https://longbridge.com/en/news/296531714.md) - [Gilead declares Q3 2026 dividend of R$ 0.24 per unit](https://longbridge.com/en/news/296642781.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**