HKD35.05
2.23% yesterday
Hong Kong, Nov 22, 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 HKD35.05
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

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

This results in the following potential growth metrics:

Revenue Estimates

2023 HKD557b 2.01%
2024
HKD357b 35.90%
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2025
HKD368b 2.89%
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2026
HKD388b 5.68%
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8 China Merchants Bank Analysts have issued a net profit forecast 2024. The average China Merchants Bank net profit estimate is

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

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

Net Profit Estimates

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

2023 28.15% 3.72%
2024
43.74% 55.38%
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2025
44.08% 0.78%
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2026
45.77% 3.83%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Dec '23 2024
Estimates
Earnings Per Share HKD 6.22 6.19
1.63% 0.48%
P/E 5.66
EV/Sales 5.33

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
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. This is
1.28% lower
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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%
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, the lowest is
HKD5.88 6.22%
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.

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

Earnings Per Share

2023 HKD6.22 1.63%
2024
HKD6.19 0.48%
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2025
HKD6.42 3.72%
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2026
HKD7.05 9.81%
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P/E ratio

Current 5.59 20.73%
2024
5.66 1.25%
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2025
5.46 3.53%
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2026
4.97 8.97%
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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 3.48 16.78%
2024
5.33 53.03%
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2025
5.18 2.81%
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2026
4.90 5.38%
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P/S ratio

Current 1.62 20.63%
2024
2.47 53.06%
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2025
2.41 2.81%
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2026
2.28 5.38%
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