China Renaissance Sticks to Their Buy Rating for Meituan (MPNGF)
China Renaissance analyst maintained a Buy rating on Meituan yesterday and set a price target of HK$145.00. The company’s shares closed yesterday at HK$95.90.
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Currently, the analyst consensus on Meituan is a Moderate Buy with an average price target of $15.69, representing a -83.64% downside. In a report released on December 1, DBS also maintained a Buy rating on the stock with a HK$130.00 price target.
MPNGF market cap is currently HK$589.8B and has a P/E ratio of -255.29.
Read More on MPNGF:
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- Meituan downgraded to Hold from Buy at Benchmark
- Meituan’s Strategic Positioning and Long-term Growth Potential Justify Buy Rating
- Meituan Dianping Faces Challenges Amidst Competitive Market
- Meituan Reports Revenue Growth Amidst Operating Losses in Q3 2025
- Meituan Schedules Board Meeting to Review Q3 2025 Financial Results
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