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<Research>Citi Opens 30-Day Positive Catalyst Watch on WH GROUP (00288.HK), Expects Decent 1Q Results
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Citi Research issued a research report opening a 30-day positive catalyst watch on WH GROUP (00288.HK). The broker expected the Company's 1Q26 operating profit to record mid-single-digit or slightly higher growth, mainly driven by its China and US businesses. Against the backdrop of lower hog costs and a relatively low comparison base in 1Q26, the performance of the China business is predicted to outperform its full-year target, Citi Research noted. Meanwhile, although the Middle East conflict has led to fertilizer price hike, the broker believed that feed cost risks for the US business in 2026 remain limited. WH GROUP will announce its 1Q26 results on 28 April, and the results may be decent. Therefore, Citi Research rated WH GROUP at Buy, with a target price of $12.2. Auto-translated by AI AASTOCKS Financial News |
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