Guotai Junan Securities: Maintains a "buy" rating for Datang New Energy (01798) with a target price of 1.95 Hong Kong dollars.

date
14/07/2026
Zhtng Cijng APP learned that Guota hitng zhngqun released a research report stating that it maintains a "buy" rating for Datang New Energy (01798) with a target price of 1.95 Hong Kong dollars. The bank expects the company's EPS for 2026-2028 to be 0.1/0.1/0.1 yuan, with the current market value corresponding to a 2026 PE of 10.4 times and a PB (MRQ) of 0.39 times. Compared to peers with a PB (MRQ) of 0.62 times, the bank gives the company a PB of 0.6 times, and with an exchange rate of 1HKD = 0.86CNY, this corresponds to a target price of 1.95 Hong Kong dollars.
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