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M Stanley Raises SANY HEAVY INDUS (600031.SH) TP to RMB32, Rating Overweight
2026-09-03 11:07:03
M Stanley issued a report raising its 2026-2028 revenue and net profit forecasts for SANY HEAVY INDUS (600031.SH) by 2-5%, reflecting better-than-expected 2Q results and management's constructive outlook. The TP was correspondingly raised from RMB30 to RMB32, based on an unchanged 20x projected 2027 P/E ratio. The rating was maintained at "Overweight". (ha/a)~


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