[ET Net News Agency, 9 July 2025] Daiwa raised the target price for J&T Express (01519) to HKD8.8 from HKD6.8 and maintained the "outperform" rating.
The research house said it raise 2025-27E EPS by 10-11%, mainly due to updated expectations of 50% parcel volume growth in SEA in 2025E and 30% in new markets in 2026E, partly offset by a gross margin cut in China in 2025E. (rc)
The research house said it raise 2025-27E EPS by 10-11%, mainly due to updated expectations of 50% parcel volume growth in SEA in 2025E and 30% in new markets in 2026E, partly offset by a gross margin cut in China in 2025E. (rc)