Citi's analyst rating for SHANDONG WEIGAO is based on the company's expected revenue growth of 2.3% in 2025, which is below market expectations, and a significant projected decline in net profit by 22%. Despite these concerns, the bank maintains a 'Buy' rating due to the company's commitment to shareholder returns and anticipated revenue growth from new products and overseas expansion in the coming years. However, Citi has revised its revenue and EPS forecasts downward, leading to a reduction in the target price from HKD7.5 to HKD6.
