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Angang Steel Co Ltd Class H (HK:0347)
:0347
Hong Kong Market
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Angang Steel Co (0347) Stock Forecast & Price Target

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0347 Financial Forecast

0347 Earnings Forecast

Next quarter’s earnings estimate for 0347 is -HK$0.12 with a range of -HK$0.12 to -HK$0.12. The previous quarter’s EPS was -HK$0.06. 0347 beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 40.23% of the time in the same period. In the last calendar year 0347 has Preformed in-line its overall industry.
Next quarter’s earnings estimate for 0347 is -HK$0.12 with a range of -HK$0.12 to -HK$0.12. The previous quarter’s EPS was -HK$0.06. 0347 beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 40.23% of the time in the same period. In the last calendar year 0347 has Preformed in-line its overall industry.

0347 Sales Forecast

Next quarter’s sales forecast for 0347 is HK$19.50B with a range of HK$19.50B to HK$19.50B. The previous quarter’s sales results were HK$26.57B. 0347 beat its sales estimates 0.00% of the time in past 12 months, while its overall industry beat sales estimates 38.58% of the time in the same period. In the last calendar year 0347 has Preformed in-line its overall industry.
Next quarter’s sales forecast for 0347 is HK$19.50B with a range of HK$19.50B to HK$19.50B. The previous quarter’s sales results were HK$26.57B. 0347 beat its sales estimates 0.00% of the time in past 12 months, while its overall industry beat sales estimates 38.58% of the time in the same period. In the last calendar year 0347 has Preformed in-line its overall industry.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
TipRanks Analyst forecast on HK:0347
TipRanks AITipRanks
Not Ranked
TipRanks
HK$2.5
Hold
13.12%
Upside
Reiterated
07/22/25
The overall score reflects significant financial difficulties, which weigh heavily on the stock's outlook. However, strong technical indicators provide some optimism, indicating potential for short-term price appreciation. Valuation remains a concern due to negative earnings and lack of dividends.
Goldman Sachs Analyst forecast on HK:0347
Trina ChenGoldman Sachs
Goldman Sachs
HK$1.1HK$2.4
Buy
8.60%
Upside
Upgraded
04/01/25
Angang Steel H-shares upgraded to Buy from Sell at Goldman SachsAngang Steel H-shares upgraded to Buy from Sell at Goldman Sachs
Citi Analyst forecast on HK:0347
Anna WangCiti
Not Ranked
Citi
HK$3HK$1.6
Hold
-27.60%
Downside
Downgraded
11/26/24
Citi Downgrades Angang Steel Company Limited (347:HK) (ANGGF) to NeutralCiti analyst Anna Wang downgraded Angang Steel Company Limited (347:HK) (OTC: ANGGF) from Buy to Neutral with a price target of HK$1.60 (from HK$3.00).
HSBC
HK$1.6HK$1.8
Hold
-18.55%
Downside
Downgraded
10/10/24
HSBC Downgrades Angang Steel Company Limited (347:HK) (ANGGF) to HoldHSBC analyst Howard Lau downgraded Angang Steel Company Limited (347:HK) (OTC: ANGGF) from Buy to Hold with a price target of HK$1.80 (from HK$1.60).
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
TipRanks Analyst forecast on HK:0347
TipRanks AITipRanks
Not Ranked
TipRanks
HK$2.5
Hold
13.12%
Upside
Reiterated
07/22/25
The overall score reflects significant financial difficulties, which weigh heavily on the stock's outlook. However, strong technical indicators provide some optimism, indicating potential for short-term price appreciation. Valuation remains a concern due to negative earnings and lack of dividends.
Goldman Sachs Analyst forecast on HK:0347
Trina ChenGoldman Sachs
Goldman Sachs
HK$1.1HK$2.4
Buy
8.60%
Upside
Upgraded
04/01/25
Angang Steel H-shares upgraded to Buy from Sell at Goldman SachsAngang Steel H-shares upgraded to Buy from Sell at Goldman Sachs
Citi Analyst forecast on HK:0347
Anna WangCiti
Not Ranked
Citi
HK$3HK$1.6
Hold
-27.60%
Downside
Downgraded
11/26/24
Citi Downgrades Angang Steel Company Limited (347:HK) (ANGGF) to NeutralCiti analyst Anna Wang downgraded Angang Steel Company Limited (347:HK) (OTC: ANGGF) from Buy to Neutral with a price target of HK$1.60 (from HK$3.00).
HSBC
HK$1.6HK$1.8
Hold
-18.55%
Downside
Downgraded
10/10/24
HSBC Downgrades Angang Steel Company Limited (347:HK) (ANGGF) to HoldHSBC analyst Howard Lau downgraded Angang Steel Company Limited (347:HK) (OTC: ANGGF) from Buy to Hold with a price target of HK$1.80 (from HK$1.60).
Stocks with the Highest Top Analyst Consensus in the Basic Materials Sector
Find stocks in the Basic Materials sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Angang Steel Co

1 Month
xxx
Success Rate
0/3 ratings generated profit
0%
Average Return
-12.60%
upgraded a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 0.00% of your transactions generating a profit, with an average return of -12.60% per trade.
3 Months
xxx
Success Rate
1/3 ratings generated profit
33%
Average Return
-11.13%
upgraded a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 33.33% of your transactions generating a profit, with an average return of -11.13% per trade.
1 Year
Trina ChenGoldman Sachs
Success Rate
2/3 ratings generated profit
67%
Average Return
+33.53%
upgraded a buy rating 4 months ago
Copying Trina Chen's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +33.53% per trade.
2 Years
xxx
Success Rate
2/3 ratings generated profit
67%
Average Return
+12.70%
upgraded a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 66.67% of your transactions generating a profit, with an average return of +12.70% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

0347 Analyst Recommendation Trends

Rating
Nov 24
Jan 25
Apr 25
Jun 25
Jul 25
Strong Buy
0
0
1
1
1
Buy
0
0
0
0
0
Hold
3
2
1
3
8
Sell
0
1
1
1
0
Strong Sell
0
0
0
0
0
total
3
3
3
5
9
In the current month, 0347 has received 1 Buy Ratings, 8 Hold Ratings, and 0 Sell Ratings. 0347 average Analyst price target in the past 3 months is 1.49.
Each month's total comprises the sum of three months' worth of ratings.

0347 Stock Forecast FAQ

What is HK:0347’s average 12-month price target, according to analysts?
Based on analyst ratings, Angang Steel Co Ltd Class H’s 12-month average price target is 1.49.
    What is HK:0347’s upside potential, based on the analysts’ average price target?
    Currently there's no upside potential for HK:0347, based on the analysts’ average price target.
    Can I see which stocks the top-ranking analysts are rating?
    Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
      How can I follow the stock ratings of top Wall Street analysts?
      Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
        Is Angang Steel Co Ltd Class H a Buy, Sell or Hold?
        Angang Steel Co Ltd Class H has a consensus rating of Hold, which is based on 0 buy ratings, 0 hold ratings and 0 sell ratings.
          What is Angang Steel Co Ltd Class H’s share price target?
          The average share price target for Angang Steel Co Ltd Class H is 1.49. This is based on 0 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
          The highest analyst share price target is HK$1.49 ,and the lowest forecast is HK$1.49. The average share price target represents -32.52% Decrease from the current price of HK$2.21.
            What do analysts say about Angang Steel Co Ltd Class H?
            Angang Steel Co Ltd Class H’s analyst rating consensus is a Hold. This is based on the ratings of 0 Wall Streets Analysts.
              How can I buy shares of Angang Steel Co Ltd Class H?
              To buy shares of HK:0347, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.
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