The analyst rating from Citi Research for YUE YUEN IND (00551.HK) was maintained at "Buy" despite lowering its 2025-2027 earnings forecasts by 9-10%. The downgrade in earnings forecasts was attributed to a contraction in retail profits and slower-than-expected expansion of the manufacturing gross margin. Additionally, the target price was slightly reduced from $16.5 to $16.3 based on a projected PE ratio of 8x for 2026.
