In a report released on August 27, Sheng Zhong from Morgan Stanley maintained a Buy rating on Weichai Power Co, with a price target of HK$47.00. The company’s shares closed yesterday at HK$31.60.
According to TipRanks, Zhong is ranked #3341 out of 12451 analysts.
Currently, the analyst consensus on Weichai Power Co is a Strong Buy with an average price target of HK$49.70, representing a 57.27% upside. In a report released yesterday, J.P. Morgan also maintained a Buy rating on the stock with a HK$55.00 price target.
WEICF market cap is currently HK$273.6B and has a P/E ratio of 20.60.
