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<Research>CICC Raises PACIFIC BASIN's TP to HKD3.4 as Risk Appetite Expands
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CICC has published a research report saying that the dividend of PACIFIC BASIN (02343.HK) is attractive, despite the company's worse-than-expected results for 2025. The broker has kept an Outperform rating on PACIFIC BASIN and, given the expanded risk appetite, lifted its target price by 41.67% to HKD3.4, equivalent to forecasted P/E ratios of 12.9x for 2026 and 12.5x for 2027, with a potential upside of 8.63%. AAStocks Financial News |
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