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<Research>Deutsche Bank Elevates CHINA MOBILE (00941.HK) TP to $105, Keeps Rating at Buy
Recommend
25
Positive
48
Negative
13
Deutsche Bank issued a research report elevating its target price for CHINA MOBILE (00941.HK) from $90 to $105, with rating kept at Buy.

CHINA MOBILE's 2024 dividend payout ratio was 73%, and the Company planned to further increase it to over 75% by 2026. As the cost of 5G deployment fades, capital expenditure was low and is expected to be further reduced, helping to boost profitability and free cash flow.

Related NewsBOCI Lifts CHINA MOBILE (00941.HK) TP to $88.3, Reiterates Rating at Buy
The Company's advancement into AI-related growth areas offers upside potential and could benefit from an asset re-rating.
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