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66165 UB#HSI RP27101 (R BEAR)
RT Nominal unchange0.074 0.000 (0.000%)

10/01/2025 15:34

{I-bank focus}Citi lowers Mengniu Dairy (02319) to HKD20.9

[ET Net News Agency, 10 January 2025] Citi lowered the target price for Mengniu Dairy
(02319) to HKD20.9 from HKD21.39 and maintained the "buy" rating.
The research house said given weaker-than-expected demand in 4Q24, it has trimmed NP
forecast by 5%/6%/6% in 24E/25E/26E on 5-6% cut in top-line assumptions. (rc)

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