Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Dongfeng Motor Group Co Ltd Class H (HK:0489)
HKEX:0489
Holding HK:0489?
Track your performance easily
See the Price Targets and Ratings of:
0489 Analyst Ratings
Moderate Sell
0 Buy
1 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
0489 Stock 12 Month Forecast
Average Price Target
HK$2.34
▲(18.72% Upside)
| Highest Price TargetHK$3.10 | Average Price TargetHK$2.34 | Lowest Price TargetHK$1.60 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
J.P. Morgan
Reiterated
09/02/24
Morgan Stanley
HK$3.8
Hold
92.89%
Upside
Reiterated
03/28/24
Morgan Stanley Reiterates Equalweight Rating on Dongfeng Motor (489:HK) (DNFGY)Morgan Stanley analyst Joey Xu reiterated an Equalweight rating and HK$3.80 price target on Dongfeng Motor (489:HK) (OTC: DNFGY).
UBS
HK$4.6→HK$4.2
Hold
113.20%
Upside
Reiterated
11/24/23
Dongfeng Motor (489:HK) (DNFGY) PT Lowered to HK$4.20 at UBSUBS analyst Paul Gong lowered the price target on Dongfeng Motor (489:HK) (OTC: DNFGY) to HK$4.20 (from HK$4.60) while maintaining a Neutral rating.
HSBC
HK$3.05
Hold
54.82%
Upside
Reiterated
09/27/23
We underestimated Dongfeng ICE brands’ volume contraction momentum, especially amid this year’s fierce pricing competition. We anticipate that Nissan volumes will likely further decline due to the pressure on electrification, thus, we cut our 2023-25e our volume estimates of the major JV brands – Honda, Nissan and PSA – by 14% on average. The stock is currently trading at a historical low of 12-month forward PB of 0.15x, largely pricing in the company’s challenging earnings prospects from struggling ICE JV brands and a sluggish EV product cycle. In light of this, we maintain our Hold rating on the stock. The EV product transition for Dongfeng’s major JV brands and local EV brands Voyah/Mengshi/Nami and volume ramp-up would be most critical for us to turn positive on the stock.
Best Analysts Covering Dongfeng Motor Group Co
Which Analyst Should I Follow If I Want to Buy HK:0489 and Sell After:
1 Month
xxx
Success Rate
2/2 ratings generated profit
Average Return
+5.90%
reiterated a xxx
rating 19 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 100.00% of your transactions generating a profit, with an average return of +5.90% per trade.
3 Months
xxx
Success Rate
2/2 ratings generated profit
Average Return
+16.30%
reiterated a xxx
rating 19 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 100.00% of your transactions generating a profit, with an average return of +16.30% per trade.
1 Year
2 Years
xxx
Success Rate
2/2 ratings generated profit
Average Return
+19.95%
reiterated a xxx
rating 19 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +19.95% 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.
0489 Analyst Recommendation Trends
Rating
Sep 23
Nov 23
Mar 24
Apr 24
Sep 24
Strong Buy
0
0
0
0
0
Buy
1
0
0
0
0
Hold
2
3
3
2
2
Sell
0
0
0
1
2
Strong Sell
0
0
0
0
0
total
3
3
3
3
4
Each month's total comprises the sum of three months' worth of ratings.
0489 Financial Forecast
0489 Stock Forecast FAQ
What is HK:0489’s average 12-month price target, according to analysts?
Based on analyst ratings, Dongfeng Motor Group Co Ltd Class H’s 12-month average price target is HK$2.34.
What is HK:0489’s upside potential, based on the analysts’ average price target?
Dongfeng Motor Group Co Ltd Class H has 18.72% upside potential, 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 Dongfeng Motor Group Co Ltd Class H a Buy, Sell or Hold?
Dongfeng Motor Group Co Ltd Class H has a consensus rating of Moderate Sell, which is based on 0 buy ratings, 1 hold ratings and 1 sell ratings.
What is Dongfeng Motor Group Co Ltd Class H’s share price target?
The average share price target for Dongfeng Motor Group Co Ltd Class H is HK$2.34. This is based on 2 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is HK$3.10 ,and the lowest forecast is HK$1.60. The average share price target represents 18.72% Increase from the current price of HK$1.97.
The highest analyst share price target is HK$3.10 ,and the lowest forecast is HK$1.60. The average share price target represents 18.72% Increase from the current price of HK$1.97.
What do analysts say about Dongfeng Motor Group Co Ltd Class H?
Dongfeng Motor Group Co Ltd Class H’s analyst rating consensus is a Moderate Sell. This is based on the ratings of 2 Wall Streets Analysts.
How can I buy shares of Dongfeng Motor Group Co Ltd Class H?
To buy shares of HK:0489, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.