In a report released on August 27, from Morgan Stanley maintained a Buy rating on Zijin Mining Group Co, with a price target of HK$61.00. The company’s shares closed yesterday at HK$37.66.
Currently, the analyst consensus on Zijin Mining Group Co is a Strong Buy with an average price target of HK$51.66, implying a 37.17% upside from current levels. In a report released on August 25, Jefferies also maintained a Buy rating on the stock with a HK$50.20 price target.
ZIJMF market cap is currently HK$1053.2B and has a P/E ratio of 13.50.
