♔ The Trade Off
CICC Sticks to Its Buy Rating for Meituan (MPNGF)
In a report released yesterday, from CICC maintained a Buy rating on Meituan, with a price target of HK$125.00. The company’s shares closed yesterday at HK$97.10.
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Meituan has an analyst consensus of Moderate Buy, with a price target consensus of HK$119.07.
MPNGF market cap is currently HK$593.4B and has a P/E ratio of -256.81.
Read More on MPNGF:
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- Meituan Grants Over 6.3 Million RSUs to Staff and Service Providers
- Baidu’s (BIDU) Ernie AI Assistant Tops 200M Users as China’s AI Race Heats Up
- 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
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