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Komo: First grant to Daikin Heavy Industries (01081), target price of HK$43 for an “increase in holdings” rating
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The Zhitong Finance App learned that J.P. Morgan Chase released a research report stating that it covered Daikin Heavy Industries (01081) for the first time and gave it an “increase in holdings” rating, with a target price of HK$43. The bank pointed out that Daikin Heavy Industries is the world's leading supplier of offshore wind power. Although stock prices have fallen sharply since mid-2026 due to lower profit forecasts, the company's profits are expected to rebound in 2027 as exchange rate and logistics headwinds subside and European order growth accelerates again.

Komo pointed out that there have also been positive catalysts in the past two weeks, including Germany's introduction of a CFD mechanism and the integration of the Waterekke offshore project, which has caused investors to re-examine the stock, which has rebounded by about 20% since September 9. The bank believes that the current valuation is attractive and can benefit from the multi-year upward cycle of offshore wind power construction in Europe.

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