Daiwa Downgrades U-PRESID CHINA (00220) to "Underperform" in One Move, Cuts Target Price to HK$7.3
Stock News
Feb 03
Daiwa has released a research report downgrading U-PRESID CHINA's (00220) rating from "Outperform" by two notches directly to "Underperform," while also reducing its target price from HK$9.8 to HK$7.3.
The report indicates that competition from fresh-made beverage and bottled drink manufacturers is intensifying.
With increasing channel investments, the beverage business is likely to face cost pressures.
The brokerage forecasts that U-PRESID CHINA's profit for the fourth quarter of 2025 will decrease by 38% year-on-year to RMB 133 million.
Concurrently, it has lowered its earnings per share forecasts for the 2025 to 2027 fiscal years by 4% to 14%.
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