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CICC Initiates Coverage on CATL (03750.HK) w/ Rating Outperform, TP $580
2025-12-29 10:33:12
CICC published a research report initiating coverage on CATL (03750.HK), with rating at Outperform and a target price of $580, corresponding to a 26.5x PE ratio for 2026.

CATL is a global leader in power and energy storage batteries, pioneering the exploration of growth potential in overseas markets, the report stated.

Emerging application scenarios continued to drive the ongoing growth of lithium battery demand. CATL's competitive advantage was solid, with excellent profitability and industry-leading technology.

The broker also kept rating at Outperform and a target price at RMB445 for CATL's A-shares.
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AASTOCKS Financial News
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