UBS raises SMIC (00981) to HKD43 - Free Real Time Stock Quote- Economics News

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00981 SMIC

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14/05/2025 14:31

UBS raises SMIC (00981) to HKD43

[ET Net News Agency, 14 May 2025] UBS raised the target price for SMIC (00981) to HKD43 from HKD14 and upgraded the rating to "neutral" from "sell".
The research house said it lowers 2025E earnings to factor in the negative impact from production issues, but raises 2026E earnings from USD999m to USD1,419m to factor in higher GM estimate. (rc)

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