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<Research>Citi Lifts CHALCO (02600.HK) TP to $15.94 as Firm Expected to Benefit from Hiking Aluminum Price
Citi Research issued a research report saying that it has updated its model for CHALCO (02600.HK) to reflect the latest forecasts for aluminum and alumina prices. The broker also r...
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<Research>Citi Lifts CHALCO (02600.HK) TP to $15.94 as Firm Expected to Benefit from Hiking Aluminum Price
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Citi Research issued a research report saying that it has updated its model for CHALCO (02600.HK)  0.000 (0.000%)    Short selling $46.76M; Ratio 14.385%   to reflect the latest forecasts for aluminum and alumina prices.

The broker also raised its 2025-2027 net profit forecasts for CHALCO by 2%/ 4%/ 7% to RMB14 billion/ RMB19.1 billion/ RMB21.9 billion each, and lifted its target price for CHALCO's H-shares from $12.41 to $15.94.

Citi Research expected CHALCO to benefit from the ongoing rise in aluminum price and aluminum margin, and maintained the stock as Top Pick.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-02-24 16:25.)

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