Back    Zoom +    Zoom -
<Research>HTSC Adds CRRC (01766.HK) TP to $7.66, Keeps Rating at Buy
Recommend
6
Positive
11
Negative
4
CRRC (01766.HK) recorded a faster delivery pace of multiple units (MUs) in 1H25, leading to a slowdown in revenue and profit growth in 3Q25, Huatai Securities published a research report saying.

The broker estimated the rail transit equipment industry to maintain a stable growth trend in new MUs and advanced repairs in the future. As a leader in rail transit equipment sector, CRRC is projected to benefit from the industry's sustained high prosperity.

Huatai Securities continued to predict CRRC's 2025-2027 EPS to be RMB0.51/ RMB0.53/ RMB0.57, and added its target price from $7.42 to $7.66, with rating kept at Buy.
AASTOCKS Financial News
Website: www.aastocks.com