CICC: Maintain Zhonglian Heavy Industry (01157.HK) target price of 7.58 Hong Kong dollars with a rating of "outperform industry".

Zhitong Finance and Economics APP learned that CICC has released a research report stating that it maintains a target price of HK$7.58 for Zoomlion Heavy Industry (01157, 301157.SZ) H shares, as well as a target price of RMB 9.36 for A shares, both maintaining an "outperform" rating. CICC maintains its earnings forecasts of RMB 0.58 and RMB 0.73 per share for the company in 2025 and 2026, respectively. In addition, domestic revenue for engineering machinery in 2025 is expected to achieve positive growth.