BofAS Upgrades FLAT GLASS to Neutral Rating and Increases Target Price to HKD12.8
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 30 2025
0mins
Source: aastocks
BofA Securities Upgrade: BofA Securities has upgraded FLAT GLASS (06865.HK) from Underperform to Neutral following a strong 3Q25 net profit of RMB376 million, significantly surpassing expectations with a gross margin of 16.8%.
Profit Margin Outlook: The report indicates that FLAT GLASS has a competitive profit advantage over its peers, with expectations that its gross margin will stabilize at 16-17% in the long term.
Earnings Forecast Increase: BofA Securities has raised its FY26 earnings forecast for FLAT GLASS by 55%, reflecting confidence in the company's financial performance.
Target Price Adjustment: The target price for FLAT GLASS has been increased from HKD7 to HKD12.8, indicating a positive outlook for the stock's future performance.
Analyst Views on 06865
Wall Street analysts forecast 06865 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 06865 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 10.200
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Current: 10.200
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
