J.P. Morgan Sticks to Their Buy Rating for China Construction Bank (CICHF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 19 2025
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Source: Business Insider
Analyst Rating: J.P. Morgan's Katherine Lei maintains a Buy rating on China Construction Bank with a price target of HK$7.90, while the stock closed at $0.86. The analyst has a strong track record with an average return of 8.0% and a success rate of 60.53%.
Financial Performance: For the quarter ending December 31, China Construction Bank reported a revenue of $180.59 billion and a net profit of $79.8 billion, showing an increase in net profit compared to the previous year despite a decrease in total revenue.
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.
