The Zhitong Finance App learned that Citi released a research report stating that it maintains the “buy/high risk” rating of Tsugami Machine Tool China (01651.HK), with a target price of HK$72, and continues to give Johnson Electric (00179.HK) a “neutral” rating, with a target price of HK$19.6. The bank initiated a matchmaking transaction for Hong Kong stocks in the industrial automation industry. It is optimistic about Tsugami Machine Tool China and at the same time underestimated Dechang Electric. It is expected that the two companies' performance trends will diverge in the first half of fiscal year 2027.
Zhitongcaijing · 2d ago
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The Zhitong Finance App learned that Citi released a research report stating that it maintains the “buy/high risk” rating of Tsugami Machine Tool China (01651.HK), with a target price of HK$72, and continues to give Johnson Electric (00179.HK) a “neutral” rating, with a target price of HK$19.6. The bank initiated a matchmaking transaction for Hong Kong stocks in the industrial automation industry. It is optimistic about Tsugami Machine Tool China and at the same time underestimated Dechang Electric. It is expected that the two companies' performance trends will diverge in the first half of fiscal year 2027.
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