€0.55
3.87% yesterday
L&S, Jul 05, 10:52 pm CET
ISIN
CNE1000003G1
Symbol
1398
Index
Sector
Industry

Industrial and Commercial Bank of China Target price 2024 - Analyst rating & recommendation

Industrial and Commercial Bank of China Classifications & Recommendation:

Buy
89%
Hold
11%

Industrial and Commercial Bank of China Price Target

Target Price HKD5.09
Price HKD4.70
Potential
Number of Estimates 17
17 Analysts have issued a price target Industrial and Commercial Bank of China 2025 . The average Industrial and Commercial Bank of China target price is HKD5.09. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 18 analysts: 16 Analysts recommend Industrial and Commercial Bank of China to buy, 2 to hold and 0 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 Industrial and Commercial Bank of China stock has an average upside potential 2025 of . Most analysts recommend the Industrial and Commercial Bank of China 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 1,736.68 865.02
0.13% 50.19%
Net Margin 22.16% 43.34%
4.55% 95.54%

24 Analysts have issued a sales forecast Industrial and Commercial Bank of China 2024 . The average Industrial and Commercial Bank of China sales estimate is

HKD865b
Unlock
. This is
50.61% lower
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
HKD907b 48.20%
Unlock
, the lowest is
HKD789b 54.98%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2023 HKD1.7t 0.13%
2024
HKD865b 50.19%
Unlock
2025
HKD895b 3.47%
Unlock
2026
HKD944b 5.48%
Unlock

7 Industrial and Commercial Bank of China Analysts have issued a net profit forecast 2024. The average Industrial and Commercial Bank of China net profit estimate is

HKD375b
Unlock
. This is
5.24% lower
Unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
HKD391b 1.24%
Unlock
, the lowest is
HKD362b 8.51%
Unlock
.

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

Net Profit Estimates

2023 HKD385b 4.42%
2024
HKD375b 2.60%
Unlock
2025
HKD384b 2.53%
Unlock
2026
HKD407b 5.91%
Unlock

Net Margin

2023 22.16% 4.55%
2024
43.34% 95.54%
Unlock
2025
42.95% 0.90%
Unlock
2026
43.12% 0.40%
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 1.08 1.05
4.42% 2.78%
P/E 4.47
EV/Sales 6.61

7 Analysts have issued a Industrial and Commercial Bank of China forecast for earnings per share. The average Industrial and Commercial Bank of China <a href=/blog/eps>EPS is

HKD1.05
Unlock
. This is
5.41% lower
Unlock
than earnings per share in the financial year 2023. The highest <a href=/blog/eps>EPS forecast is
HKD1.10 0.90%
Unlock
, the lowest is
HKD1.02 8.11%
Unlock
.

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

Earnings Per Share

2023 HKD1.08 4.42%
2024
HKD1.05 2.78%
Unlock
2025
HKD1.08 2.86%
Unlock
2026
HKD1.14 5.56%
Unlock

P/E ratio

Current 4.25 41.67%
2024
4.47 5.18%
Unlock
2025
4.36 2.46%
Unlock
2026
4.11 5.73%
Unlock

Based on analysts' sales estimates for 2024, the Industrial and Commercial Bank of China stock is valued at an <a href=/blog/ev-sales-einfach-erklaert>EV/Sales of

and an <a href=/blog/kurs-umsatz-verhaeltnis-kuv-einfach-erklaert>P/S ratio of .

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

EV/Sales

Current 3.27 53.52%
2024
6.61 102.20%
Unlock
2025
6.39 3.35%
Unlock
2026
6.06 5.20%
Unlock

P/S ratio

Current 0.96 9.08%
2024
1.94 102.48%
Unlock
2025
1.87 3.35%
Unlock
2026
1.77 5.20%
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