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<Research>Citi Adds GEELY AUTO (00175.HK) TP to $27, Rating Buy
Recommend
26
Positive
42
Negative
15
GEELY AUTO (00175.HK) recorded sales of 233,000 vehicles in March, with total sales of 704,000 vehicles in 1Q26, higher than Citi Research’s forecast, Citi Research issued a research report saying.

Moreover, its March exports grew by 34% MoM, showing strong performance, while its YTD sales mix also beat expectation.

Related News M Stanley Cites GEELY AUTO (00175.HK) Saying Overseas Sales and Margin Growth Core Strategy; 1Q26 Overseas Profit per Vehicle May Reach RMB13,000-15,000
Therefore, Citi Research added its target price for GEELY AUTO from $26 to $27, with rating kept at Buy.

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