Guotai Junan Securities: Maintains a "Buy" rating on TCL Electronics (01070.HK) with a target price of HK$18.2.

According to the Smart Financial APP, Guotai Junan Securities released a research report stating that they are maintaining their profit forecast for TCL Electronics (01070.HK). They are expecting an EPS of 1.2/1.5/1.8 Hong Kong dollars for 2026-2028, with year-on-year increases of +23%/+25%/+20%, corresponding to PEs of 12/10/8 times. Referring to the same industry, a 15x PE for 2026 is given, with a target price of 18.2 Hong Kong dollars, and a "hold" rating is maintained. The bank believes that the company is a strong alpha+ low valuation+ high dividend target, with its global market share continuing to rise and further globalizing high-end products.