Gronway June 29丨Lyon published a rating report stating that after completing the sale of the US Coca Cola business to the parent company, Pacific (0019.HK) may distribute a special dividend of 11.7 billion yuan, with a special dividend yield of 14%. The bank expects that the deal may be completed by the end of this year, lowering the company's basic profit forecast for 2024-25 by 9% to 11%, while raising the target price of Taikoo A from HK$65 to HK$68, and also raising its rating from “outperforming the market” to “buying”.
大行评级 | 里昂：一举升太古A评级至“买入” 目标价上调至68元
Bank Ratings | Lyon: Upgrading Taikoo's A Rating to “Buy” Raising Target Price to $68
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