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<Research>Daiwa Slightly Lowers MENGNIU DAIRY (02319.HK) TP to HKD21.5, Reiterates Buy
MENGNIU DAIRY (02319.HK)'s share price has climbed 16% year-to-date, outperforming most China consumer stocks, Daiwa said in a report. The broker raised its 2026-28 EPS forecas...
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<Research>Daiwa Slightly Lowers MENGNIU DAIRY (02319.HK) TP to HKD21.5, Reiterates Buy
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MENGNIU DAIRY (02319.HK)  -1.070 (-6.309%)    Short selling $182.27M; Ratio 21.570%   's share price has climbed 16% year-to-date, outperforming most China consumer stocks, Daiwa said in a report. The broker raised its 2026-28 EPS forecasts by 2-5%, mainly reflecting a better-than-expected recovery in sales volume.

The broker reiterated its Buy rating on MENGNIU DAIRY and slightly lowered the TP from HKD22 to HKD21.5. Daiwa believed the company's volume recovery and undemanding valuation will underpin its share price.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-05 16:25.)

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