Citi adjusted its forecasts for MIDEA GROUP based on the company's latest guidance, expecting a 6% year-on-year growth in revenue and net profit for 2026. The firm anticipates that shareholder cash returns will equal 100% of net profit in 2026, similar to 2025, as there are no major M&A plans for the next few years. The broker maintained its net profit forecasts for 2026 and 2027 and raised the target price for the shares while keeping a Buy rating.
