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<Research>G Sachs Elevates LAOPU GOLD (06181.HK) TP to $1,090, Expects 2025/ 2026 NP to Hike ~2.2x/ 39%
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The stock price of LAOPU GOLD (06181.HK) has spiked 2.6x this year, but was slightly muted this morning. It last printed at $870, down 1.3%. Goldman Sachs released a research report elevating its target price for LAOPU GOLD from $976 to $1,090 to reflect strong sales and expansion prospects, equivalent to a projected FY2027 PE ratio of 25x, with rating kept at Buy.

Goldman Sachs raised its 2025-2027 net profit forecasts for LAOPU GOLD by 15-26%. The broker now expected 2025/ 2026/ 2027 net profits to be RMB4.706 billion/ RMB6.56 billion/ RMB7.925 billion respectively, representing YoY growth of 219%/ 39%/ 21%. This is due to strong online and offline sales YTD and faster-than-expected store expansion.

Related NewsCiti Favors LAOPU GOLD (06181.HK) for Price Advantage, Elevates TP to $1,084

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