0731 GMT - JD Logistics' profit growth is expected to pick up in 2026 due to greater use of its capacity, Citi analysts say in a note. They also expect improvements in its product offerings and stabilizing earnings at subsidiary Deppon to support profit growth. Organic growth may slow in 1Q due to tougher on year comparisons for its integrated supply chain business, but the segment's growth should improve through the year as the comparison base normalizes. Citi also expects additional revenue in 1H from the company's consolidation of its food delivery and on-demand services. The bank maintains a HK$17.00 target price and reiterates a buy rating, citing the stock's undemanding valuation. Shares last traded at HK$12.55. (jason.chau@wsj.com)
(END) Dow Jones Newswires
March 06, 2026 02:31 ET (07:31 GMT)
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