Meituan price targets are among highest in China tech
Charlotte Yang / Bloomberg • • 1 min read
Analysts estimate the stock will rise to HK$219.91 in the next year, 31% above the last close price. That’s one of the biggest gaps among Chinese tech giants traded in Hong Kong. Photo: Bloomberg
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Meituan’s results due later Friday will help assess if its share price upside is as promising as sell-side analysts suggest.
They estimate the stock will rise to HK$219.91 ($37.78) in the next year, 31% above the last closing price, according to data compiled by Bloomberg. That’s one of the biggest gaps among Chinese tech giants traded in Hong Kong.
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