0152 GMT - KCE Electronics' 1H earnings are likely to be weak, dragged by a strong Thai baht and elevated copper prices, UOB Kay Hian analysts say in a research report. The brokerage sees limited ability for the Thai company to pass through higher copper costs to clients amid weak automotive demand in 2026, together with a non-aggressive copper hedging policy, the analysts say. Also, the printed circuit board manufacturer's 4Q operating sales were softer than expected. The brokerage maintains the stock's sell rating but raises its target price to THB14.80 from THB14.00 to reflect upward revision of forward price-to-earnings band. Shares last closed at THB18.90. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
February 15, 2026 20:52 ET (01:52 GMT)
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