Citi: Cuts WH Group (00288.HK) target price by 17.9% to HK$6.4, downgrades rating to "Neutral"

Citi released a research report stating that it has lowered WH Group's (00288.HK) net profit forecasts for 2026 to 2028 by 7%-8%, and due to dividend uncertainty, raised the holding company discount from 20% to 30%, cut the target price by 17.9% from HK$7.8 to HK$6.4, and downgraded the rating from "Buy" to "Neutral," according to Zhitong Finance APP.