Morgan Stanley maintains the earnings per share at HKD 0.55 and HKD 0.61 for this year and next year, respectively, with the earnings per share estimate rising to HKD 0.65 in 2026.
According to the Zhito Finance APP, Morgan Stanley released a research report stating that based on the latest guidance from GUANGDONG INV (00270), it updated its DCF model and raised the Target Price from HKD 6.59 to HKD 6.79, an increase of 3%, while maintaining a "Shareholding" rating. At the same time, Morgan Stanley lowered the group's expenditure levels, thereby increasing net profit forecasts. In addition, Morgan Stanley correspondingly adjusted its earnings per share estimates, maintaining earnings per share at HKD 0.55 and HKD 0.61 this year and next year, with the earnings per share estimate rising to HKD 0.65 in 2026.
