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Brokers' Latest TPs/ Opinions for POP MART Post-3Q25 Sales Data
Recommend
8
Positive
25
Negative
4
Broker│ Rating│ Target Price (HKD)
UBS│Buy│432-> 435
Citi│Buy│398-> 415
BofA Securities│Buy│400
HSBC Global Research│Buy│379-> 392.5
Jefferies│Buy│358.2-> 383.2
Nomura│Buy│372
CLSA│Outperform│368
JPMorgan│Overweight│320-> 350
Goldman Sachs│Neutral│350

Broker│ Opinion
UBS│ Local and overseas quarterly results significantly beat expectations, welcoming peak season
Citi│ 3Q25 results continued to be strong
BofA Securities│ Quarterly results significantly beat expectations, easing market concerns; results forecasts raised and rating was reiterated at Buy
HSBC Global Research│ 3Q25 results were strong
Jefferies│ Another strong performing quarter
Nomura│ 3Q25 sales growth accelerated again
CLSA│ Resilience persisted
JPMorgan│3Q25 results beat expectations; 4Q25 results are expected to be stronger, benefiting from production capacity and holidays
Goldman Sachs│ Quarterly revenue growth accelerated beyond expectations compared to 1H25; focus on peak season sales momentum

Related NewsNomura: POP MART (09992.HK) 3Q Growth Accelerates Again; TP Kept at $372

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