Back    Zoom +    Zoom -
<Research>G Sachs Drops BYD COMPANY (01211.HK) TP to $428, Rating Buy
Recommend
8
Positive
12
Negative
9
Goldman Sachs' report wrote that BYD COMPANY (01211.HK)'s 1Q25 results were in line. Looking ahead, the broker foresaw the company as one of the most resilient automotive OEMs in the face of macro instability and ongoing competition.

The broker kept its annual sales volume forecast of 5.5 million units for the company unchanged, and expected GPM to come under pressure in 2Q25, down 3 ppts, while OPM was expected to improve by 1 ppt QoQ to 4.3%.

Related NewsCiti Forecasts BYD COMPANY's 2025 NEV Sales to Climb to 5.75M Units
The broker adjusted its EPS forecast for BYD from 2025 to 2027 by 1-3%, and lowered its TP for H-shares from HKD437 to HKD428, while reiterating its Buy rating.
AAStocks Financial News