[ET Net News Agency, 11 December 2024] BofA raised the target price for Guangdong Inv
(00270) to HKD6.2 from HKD5.2 and maintained the "buy" rating.
The research house said it lifts FY25/26E EPS by 21%/11%, after factored in, from FY25
onwards, (1) zero EBIT contribution from GD Land; (2) less finance cost; and (3) no
impairment on property inventory. (rc)