Citigroup lowers the ideal target price to HKD 130.3, maintaining a neutral rating.

Jin10 data reported on June 10th that Citigroup issued a research report, maintaining the net profit forecast for Ideal (02015.HK) for the next two years at 8.456 billion and 10.921 billion RMB respectively, and introduced a net profit forecast for 2027 at 14.489 billion RMB. The bank also lowered the target price for the group’s H-shares from 131.9 yuan to 130.3 yuan, while the target price for US stocks was reduced from 34.3 dollars to 33.9 dollars, maintaining a “Neutral” rating.