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<Research>JPM Names LAOPU GOLD as Top Pick in CN Consumer Sector w/ Rating Reiterated Overweight
Recommend 8 Positive 26 Negative 4 |
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According to a JPMorgan research report, the broker, after its recent visits and discussions with LAOPU GOLD (06181.HK) management, store managers, and experts, picked up on a clear trend of increasing brand value, seeing that consumers were still willing to queue outside the stores even after product price increases or promotion periods. JPMorgan tweaked its 2025-27 earnings forecasts for LAOPU GOLD and lifted its target price from HKD1,294 to HKD1,296, with an Overweight rating remaining in place. LAOPU GOLD was also named as one of the broker's top picks in China's consumer sector. AAStocks Financial News |
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