The Zhitong Finance App learned that Yamato released a research report saying that maintaining the Cathay Pacific (00293.HK) “holding” rating, the target price was raised from HK$10 to HK$10.5. The bank raised its earnings per share forecast by 3% for this year to reflect better-than-expected performance. Considering the normalization of returns in passenger transport and freight services, it lowered its earnings forecast per share by 4% for next year. Based on a balanced business outlook for 2025, the bank's valuation is reasonable.

The Zhitong Finance App learned that Yamato released a research report saying that maintaining the Cathay Pacific (00293.HK) “holding” rating, the target price was raised from HK$10 to HK$10.5. The bank raised its earnings per share forecast by 3% for this year to reflect better-than-expected performance. Considering the normalization of returns in passenger transport and freight services, it lowered its earnings forecast per share by 4% for next year. Based on a balanced business outlook for 2025, the bank's valuation is reasonable.