BofA Securities: Cuts Hisense Home Appliances (00921.HK) Target Price to HK$20.5, Lowers EPS Forecast

Zhito Finance APP has learned that BofA Securities issued a research report stating that Hisense Home Appliances' (00921.HK) third-quarter results fell short of expectations. The bank has lowered its 2026 and 2027 earnings per share forecasts by 26% and 7%, respectively, and cut the target prices for its H-shares and Hisense Home Appliances' (000921.SZ) A-shares by 12% and 13% to HK$20.5 and RMB22, respectively, while reiterating its "Neutral" rating.