Citi Research upgraded CK ASSET from Neutral to Buy due to its positive view on the company's recent sale of a minority stake in UK rail projects and UK Power Networks (UKPN). The broker believes this demonstrates CK ASSET's ability to profit from investments and indicates a potential shift in capital reallocation priorities. Additionally, Citi sees potential positive catalysts for the Group, such as re-investment in Hong Kong development properties and enhanced shareholder returns through dividends or share buybacks. As a result, they elevated the target price from $39 to $54.55.

Citi

Citi Research

maintain

$54.55

2026-02-26

New

Reason

Citi

Citi Research

Price Target

$54.55

2026-02-26

New

maintain

Reason

Citi Research rated CK ASSET as a Buy due to the potential for the company to accelerate its investment in Hong Kong development projects, which could enhance shareholder returns through dividends or buybacks. Additionally, the anticipated gains from the sale of UK Power Networks at $2.4 per share are seen as catalysts for a potential increase in share price. The broker also expects management to discuss future capital allocation priorities and plans for recycling infrastructure assets in March 2026, further supporting the positive outlook. The target price set by Citi Research is $54.55.

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01113 Should I Buy

01113 Should I Buy

Should You Buy CK ASSET (01113) Today? Analysis, Price Targets, and 2026 Outlook.

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