Guotai Junan Securities: Maintains "Buy" rating on Nexteer (01316.HK) with target price raised to HKD 9.45

According to the WiseFinance APP, Guotai Haitong released a research report stating that it maintains a "buy" rating for Nexteer Automotive (01316.HK). Considering that multiple R-EPS in the Asia-Pacific region entered mass production in the third quarter, and it is expected to receive further steering by the end of the fourth quarter, the company's operating situation is stable. The EPS forecast for 2025-2027 is maintained at $0.06/$0.08/$0.10, and the company is given a 20 times PE ratio for 2025 based on comparable companies. The target price has been raised to 9.45 Hong Kong dollars (converted at a rate of 1 US dollar = 7.7 Hong Kong dollars).