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<Research>G Sachs Reduces LENOVO GROUP's TP to HKD12.48 w/ Rating Kept Buy
Although LENOVO GROUP (00992.HK)'s 1Q25 operating profit margin was affected by production relocation to Vietnam and net profit was weighed down by 64% YoY because of non-cash ...
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<Research>G Sachs Reduces LENOVO GROUP's TP to HKD12.48 w/ Rating Kept Buy
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Although LENOVO GROUP (00992.HK)  +0.040 (+0.431%)    Short selling $106.40M; Ratio 22.831%   's 1Q25 operating profit margin was affected by production relocation to Vietnam and net profit was weighed down by 64% YoY because of non-cash items, the company still managed to achieve a YoY surge of 22% in its non-HKFRS net profit with the strong growth in PC and server revenue and strict cost control, according to Goldman Sachs's research report.

Goldman Sachs cut its target price for LENOVO GROUP by 9% to HKD12.48, with a Buy rating remaining in place.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-27 16:25.)

Related NewsJPM Cuts LENOVO GROUP (00992.HK) TP to $13, Rating Overweight

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