HKD35.85
2.05% today
Hong Kong, Nov 21, 09:08 am CET
ISIN
CNE1000002M1
Symbol
3968
Index
Sector
Industry

China Merchants Bank Target price 2024 - Analyst rating & recommendation

China Merchants Bank Classifications & Recommendation:

Buy
88%
Hold
8%
Sell
4%

China Merchants Bank Price Target

Target Price HKD45.70
Price HKD36.60
Potential
Number of Estimates 20
20 Analysts have issued a price target China Merchants Bank 2025 . The average China Merchants Bank target price is HKD45.70. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 24 analysts: 21 Analysts recommend China Merchants Bank to buy, 2 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the China Merchants Bank stock has an average upside potential 2025 of . Most analysts recommend the China Merchants Bank stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Revenue Billion HKD 557.23 357.17
2.01% 35.90%
Net Margin 28.15% 43.74%
3.72% 55.38%

27 Analysts have issued a sales forecast China Merchants Bank 2024 . The average China Merchants Bank sales estimate is

HKD357b
Unlock
. This is
34.66% lower
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
HKD379b 30.62%
Unlock
, the lowest is
HKD347b 36.46%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2023 HKD557b 2.01%
2024
HKD357b 35.90%
Unlock
2025
HKD368b 2.89%
Unlock
2026
HKD388b 5.68%
Unlock

8 China Merchants Bank Analysts have issued a net profit forecast 2024. The average China Merchants Bank net profit estimate is

HKD156b
Unlock
. This is
1.20% lower
Unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
HKD160b 1.08%
Unlock
, the lowest is
HKD148b 6.15%
Unlock
.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 HKD157b 1.63%
2024
HKD156b 0.41%
Unlock
2025
HKD162b 3.70%
Unlock
2026
HKD178b 9.72%
Unlock

Net Margin

2023 28.15% 3.72%
2024
43.74% 55.38%
Unlock
2025
44.08% 0.78%
Unlock
2026
45.77% 3.83%
Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

Create a premium account to unlock analyst estimates. Learn more

Dec '23 2024
Estimates
Earnings Per Share HKD 6.22 6.19
1.63% 0.48%
P/E 5.91
EV/Sales 5.44

8 Analysts have issued a China Merchants Bank forecast for earnings per share. The average China Merchants Bank <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

HKD6.19
Unlock
. This is
1.28% lower
Unlock
than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
HKD6.34 1.12%
Unlock
, the lowest is
HKD5.88 6.22%
Unlock
.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 HKD6.22 1.63%
2024
HKD6.19 0.48%
Unlock
2025
HKD6.42 3.72%
Unlock
2026
HKD7.05 9.81%
Unlock

P/E ratio

Current 5.83 25.92%
2024
5.91 1.37%
Unlock
2025
5.70 3.55%
Unlock
2026
5.19 8.95%
Unlock

Based on analysts' sales estimates for 2024, the China Merchants Bank stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 3.55 19.13%
2024
5.44 53.10%
Unlock
2025
5.28 2.81%
Unlock
2026
5.00 5.38%
Unlock

P/S ratio

Current 1.69 25.96%
2024
2.58 53.05%
Unlock
2025
2.51 2.81%
Unlock
2026
2.38 5.38%
Unlock

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today