B · Normal
[Goldman Sachs: Lowered the target price of SJM Holdings to HK$1.6, maintaining a "neutral" rating and paying attention to debt refinancing risks] On November 6, Goldman Sachs issued a research report stating that it lowered the target price of SJM Holdings from HK$1.8 to HK$1.6 and maintained a "neutral" rating. The bank lowered the company's EBITDA forecast from 2026 to 2028 by 10% to 12%, and pointed out that the group's high debt level and most of its borrowings will mature in the next 12 to 18 months, making investors increasingly concerned about its debt refinancing risks.
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