BofA Securities: Raises HANSOH PHARMA (03692) target price to HK$29, reiterates "Buy" rating.

date
28/04/2025
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GMT Eight
Hans Pharmaceuticals (03692) reported a 76.9% increase in sales of Almonertinib tablets in the first two months of this year, driving strong sales performance for the company.
Bank of America Securities released a research report stating that HANSOH PHARMA (03692) saw a 76.9% increase in sales of its almonertinib tablets in the first two months of this year, driving strong sales performance for the company. As a result, revenue forecasts for 2025, 2026, and 2027 were raised by 1.9%, 2.5%, and 2.7% respectively, with the target price increased from HK$24.8 to HK$29. Due to its strong research and development capabilities and expanding indications for its existing main products, the "buy" rating was reiterated.