Citi Research has initiated a positive catalyst watch for WH GROUP due to expected mid-single-digit growth in operating profit for Q1 2026, driven by strong performance in its China and US businesses. The lower hog costs and a favorable comparison base in China are anticipated to enhance performance, while limited feed cost risks in the US business are also noted. The upcoming Q1 2026 results, set to be announced on April 28, are expected to be decent, leading to a Buy rating with a target price of $12.2.
