Macquarie released a research report stating that they have upgraded the rating of Geely Autos (00175) to "outperform the market," and raised the earnings per share forecasts for 2024 to 2026 by 8%, 16%, and 11% respectively, to reflect the performance in the third quarter. The target price has been raised by 13% to 18 Hong Kong dollars. Geely Autos' acquisition plan represents a significant step in integrating diverse brands and will clearly outline the roadmap for electric vehicle development.
麦格理:上调吉利汽车评级至“跑赢大市” 目标价升至18港元
Macquarie: Upgrades Geely Autos rating to "Outperform" with target price raised to 18 Hong Kong dollars.
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