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| HSCEI1 | 8,655.04 | +43.21 | 75.28B |
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2026-04-10 10:38:20 Morgan Stanley said in a research report that WH Group (00288.HK) has reached a record high share price, benefiting from the upcycle in the US hog market, which drove its upstream business to turn profitable and supported a higher dividend payout. The optimization of its business structure and a higher contribution from its more stable downstream operations underpin more stable growth for the company. The broker expects that, with improved visibility in earnings and dividends, the stock is likely to see further re-rating. The broker maintained its Overweight rating on WH Group and raised its target price from HKD8.2 to HKD12.7, equivalent to a forecast 2026 price-to-earnings ratio of 13x, based on upward revisions to earnings forecasts and rolling forward its valuation base to 2026. (hc/w)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |