JPMorgan: Weichai Power (02338.HK) offers attractive valuation and dividend yield; raises AIDC engine shipment target; maintains "Overweight" rating
Zhitong Finance APP has learned that JPMorgan released a research report stating that it maintains an "Overweight" rating on Weichai Power (02338.HK). The bank noted that since the second half of this year, the company has continued to attract attention from long-term investors, and even amid significant stock price fluctuations, investors have still shown a willingness to buy on dips, with the current valuation and dividend yield being attractive.
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