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Meituan Dianping (HK:3690)
HKEX:3690
Holding HK:3690?
Track your performance easily
See the Price Targets and Ratings of:
3690 Analyst Ratings
Strong Buy
10 Buy
0 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
3690 Stock 12 Month Forecast
Average Price Target
HK$151.83
▲(18.06% Upside)
| Highest Price TargetHK$181.96 | Average Price TargetHK$151.83 | Lowest Price TargetHK$109.11 |
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
Bernstein
Reiterated
09/10/24
Barclays
Reiterated
09/04/24
Jefferies
Reiterated
09/02/24
Nomura
Reiterated
08/30/24
Macquarie
Reiterated
08/30/24
J.P. Morgan
Reiterated
08/30/24
CMB International Securities
Reiterated
08/29/24
Goldman Sachs
Reiterated
08/29/24
Citi
Reiterated
08/29/24
CLSA
HK$182
Buy
41.52%
Upside
Reiterated
08/28/24
CLSA Reiterates Outperform (2) Rating on Meituan Dianping (3690:HK) (MPNGF)CLSA analyst Elinor Leung reiterated an Outperform (2) rating and HK$182.00 price target on Meituan Dianping (3690:HK) (OTC: MPNGF).
Bank of America Securities
HK$135→HK$142
Buy
10.42%
Upside
Reiterated
06/17/24
Meituan Dianping (3690:HK) (MPNGF) PT Raised to HK$142 at BofA SecuritiesBofA Securities analyst Lei Zhang raised the price target on Meituan Dianping (3690:HK) (OTC: MPNGF) to HK$142.00 (from HK$135.00) while maintaining a Buy rating.
Benchmark Co.
HK$168→HK$172
Buy
33.75%
Upside
Reiterated
06/07/24
Meituan Dianping (3690:HK) (MPNGF) PT Raised to HK$172 at BenchmarkThe analyst commented: Meituan reported solid 1Q24 results with both revenue and adj. EBITDA beating consensus. We foresee multiple fundamental drivers to sustain the efficiency improvements beyond 1Q, which is set to prompt faster profitability growth ahead: 1) stabilizing competitive dynamics in local services bodes well for IHT margin stabilization and recovery; 2) streamlining of MT Select is set to further relieve loss burden; 3) continued optimization on on-demand delivery is poised to drive on-demand service margin expansion. While macro continues to present an uncertain backdrop (i.e., near term pressure on FD), we believe that MT’s on-going organization restructuring, striving to align demand and supply more effectively, could potentially unleash incremental revenue and cost synergies later. With an improving profitability growth outlook, we raised our FY24/FY25 adj. EBITDA estimates and consequently our PT to HK$172 based on our increased estimates."
CGS-CIMB
HK$159
Buy
23.64%
Upside
Reiterated
06/07/24
Buy Rating for Meituan Dianping Supported by Strong Growth and Improved Profitability
HSBC
HK$165
Buy
28.30%
Upside
Reiterated
04/19/24
HSBC Reiterates Buy Rating on Meituan Dianping (3690:HK) (MPNGF)HSBC analyst Charlene Liu reiterated a Buy rating and HK$165.00 price target on Meituan Dianping (3690:HK) (OTC: MPNGF).
Best Analysts Covering Meituan Dianping
Which Analyst Should I Follow If I Want to Buy HK:3690 and Sell After:
1 Month
xxx
Success Rate
4/5 ratings generated profit
Average Return
+8.78%
reiterated a xxx
rating 21 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 80.00% of your transactions generating a profit, with an average return of +8.78% per trade.
3 Months
xxx
Success Rate
4/5 ratings generated profit
Average Return
+14.98%
reiterated a xxx
rating 21 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 80.00% of your transactions generating a profit, with an average return of +14.98% per trade.
1 Year
Success Rate
5/5 ratings generated profit
Average Return
+32.34%
reiterated a buy rating 21 days ago
Copying Ellie Jiang's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +32.34% per trade.
2 Years
xxx
Success Rate
5/5 ratings generated profit
Average Return
+32.34%
reiterated a xxx
rating 21 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 +32.34% 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.
3690 Analyst Recommendation Trends
Rating
Mar 24
Apr 24
Jun 24
Aug 24
Sep 24
Strong Buy
18
16
29
22
24
Buy
0
0
1
3
3
Hold
2
1
1
0
0
Sell
1
1
2
1
2
Strong Sell
0
0
0
0
0
total
21
18
33
26
29
Each month's total comprises the sum of three months' worth of ratings.
3690 Financial Forecast
3690 Stock Forecast FAQ
What is HK:3690’s average 12-month price target, according to analysts?
Based on analyst ratings, Meituan Dianping’s 12-month average price target is HK$151.83.
What is HK:3690’s upside potential, based on the analysts’ average price target?
Meituan Dianping has 18.06% 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 Meituan Dianping a Buy, Sell or Hold?
Meituan Dianping has a consensus rating of Strong Buy, which is based on 10 buy ratings, 0 hold ratings and 1 sell ratings.
What is Meituan Dianping’s share price target?
The average share price target for Meituan Dianping is HK$151.83. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is HK$181.96 ,and the lowest forecast is HK$109.11. The average share price target represents 18.06% Increase from the current price of HK$128.6.
The highest analyst share price target is HK$181.96 ,and the lowest forecast is HK$109.11. The average share price target represents 18.06% Increase from the current price of HK$128.6.
What do analysts say about Meituan Dianping?
Meituan Dianping’s analyst rating consensus is a Strong Buy. This is based on the ratings of 11 Wall Streets Analysts.
How can I buy shares of Meituan Dianping?
To buy shares of HK:3690, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.