<Research>Citi Lifts KB LAMINATES (01888.HK) TP to $43, Raises Earnings Forecasts

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<Research>Citi Lifts KB LAMINATES (01888.HK) TP to $43, Raises Earnings Forecasts

Citi Research issued a research report expecting that, with the peak season approaching, KB LAMINATES (01888.HK) will raise its average selling prices more frequently. The broker e...

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<Research>Citi Lifts KB LAMINATES (01888.HK) TP to $43, Raises Earnings Forecasts

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Citi Research issued a research report expecting that, with the peak season approaching, KB LAMINATES (01888.HK) +6.700 (+15.090%) Short selling $207.02M; Ratio 6.916% will raise its average selling prices more frequently. The broker estimated that the average price of copper foil this year will increase by approx. 68% YoY to $196 per sheet from $116 per sheet last year.

Citi Research raised its FY2026-2028 earnings forecasts for KB LAMINATES by 18%/ 23%/ 16% each, and lifted its target price to $43, equivalent to a projected 2027 PE ratio of 19x. Due to supply shortages of upstream glass fabric and copper foil, KB LAMINATES remains Citi Research's top pick in China's industrial AI infrastructure sector.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-22 16:25.)

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