In a report released on August 27, from Citi maintained a Buy rating on Weichai Power Co, with a price target of HK$50.00. The company’s shares closed yesterday at HK$31.60.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Weichai Power Co with a HK$49.70 average price target, a 57.27% upside from current levels. In a report released yesterday, J.P. Morgan also maintained a Buy rating on the stock with a HK$55.00 price target.
The company has a one-year high of HK$45.44 and a one-year low of HK$13.62. Currently, Weichai Power Co has an average volume of 17.95M.
