CLSA Remains a Buy on Meituan (MPNGF)
Elinor Leung from CLSA maintained a Buy rating on Meituan with a price target of HK$135.00. The company's shares closed at HK$101.80. Leung has an average return of 9.9% and a 45.69% success rate. The analyst consensus rating for Meituan is Moderate Buy with a $16.39 average price target. TR | OpenAI – 4o also reiterated a Buy rating with a HK$114.00 price target.
In a report released on November 12, Elinor Leung from CLSA maintained a Buy rating on Meituan, with a price target of HK$135.00. The company’s shares closed yesterday at HK$101.80.
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Leung covers the Communication Services sector, focusing on stocks such as Kuaishou Technology Class B, Tencent Holdings , and Baidu. According to TipRanks, Leung has an average return of 9.9% and a 45.69% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Meituan with a $16.39 average price target, a -83.90% downside from current levels. In a report released on November 1, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a HK$114.00 price target.
