China Merchants International raised the target price of FLAT glass by 3%, with the rating downgraded to "Neutral".

GateNews

2025-10-30 02:25:34

Jin10 data, October 30, reports that CCB International has raised the target price of Fuyao Glass (06865.HK) by 3%, from HKD 11.7 to HKD 12.05. However, it is expected that the company's performance will significantly weaken in the next two quarters. After a recent rebound in stock prices, the valuation attractiveness is limited, therefore the rating has been downgraded from “Buy” to “Neutral.” The bank has raised its profit forecast for the company in 2025, but slightly lowered the forecasts for 2026-2027.

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