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<Research>JPM Keeps Overweight on OOIL, Cuts TP to HKD176
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OOIL (00316.HK) remains well-positioned to benefit from ongoing global supply chain disruptions, JPMorgan's research report said. Persistent tightness in supply chains and geopolitical tensions are eroding effective capacity and driving higher freight rates across the industry. OOIL's cost advantage per TEU, flexible fleet strategy, and stringent cost control further strengthen its ability to capture upside opportunities in the current environment. JPMorgan has kept an Overweight rating on OOIL, but it has lowered its target price from HKD179 to HKD176 due to a slight adjustment in book value. Auto-translated by AI AASTOCKS Financial News |
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