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New World Development (HK:0017)
:0017
RESEARCH TOOLSreports
0017 Analyst Ratings
Moderate Sell
0 Buy
2 Hold
2 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
0017 Stock 12 Month Forecast
Average Price Target
HK$4.12
▼(-20.10% Downside)
| Highest Price TargetHK$4.61 | Average Price TargetHK$4.12 | Lowest Price TargetHK$3.70 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
J.P. Morgan
Reiterated
02/21/25
CLSA
Reiterated
02/07/25
Jefferies
HK$2
Sell
-61.24%
Downside
Reiterated
12/24/24
Jefferies Sticks to Their Sell Rating for New World Development (NWWDF)
Morgan Stanley
HK$9→HK$6.5
Sell
25.97%
Upside
Reiterated
12/13/24
New World Development (17:HK) (NDVLF) PT Lowered to HK$6.50 at Morgan StanleyMorgan Stanley analyst Praveen Choudhary lowered the price target on New World Development (17:HK) (OTC: NDVLF) to HK$6.50 (from HK$9.00) while maintaining a Underweight rating.
HSBC
HK$6.5→HK$7.9
Sell
53.10%
Upside
Reiterated
10/10/24
New World Development (17:HK) (NDVLF) PT Raised to HK$7.90 at HSBCHSBC analyst Raymond Liu raised the price target on New World Development (17:HK) (OTC: NDVLF) to HK$7.90 (from HK$6.50) while maintaining a Reduce rating.
Goldman Sachs
HK$6.4→HK$5.8
Sell
12.40%
Upside
Reiterated
09/27/24
New World Development (17:HK) (NDVLF) PT Lowered to HK$5.80 at Goldman SachsGoldman Sachs analyst Gurpreet Singh Sahi lowered the price target on New World Development (17:HK) (OTC: NDVLF) to HK$5.80 (from HK$6.40) while maintaining a Sell rating.
Unknown Analyst
Not Ranked
CGS-CIMB
HK$9.5
Buy
84.11%
Upside
Reiterated
09/27/24
We think its ex- CEO’s resignation was due to the fallout from its rapid expansion in 2016-21.
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
J.P. Morgan
Reiterated
02/21/25
CLSA
Reiterated
02/07/25
Jefferies
HK$2
Sell
-61.24%
Downside
Reiterated
12/24/24
Jefferies Sticks to Their Sell Rating for New World Development (NWWDF)
Morgan Stanley
HK$9→HK$6.5
Sell
25.97%
Upside
Reiterated
12/13/24
New World Development (17:HK) (NDVLF) PT Lowered to HK$6.50 at Morgan StanleyMorgan Stanley analyst Praveen Choudhary lowered the price target on New World Development (17:HK) (OTC: NDVLF) to HK$6.50 (from HK$9.00) while maintaining a Underweight rating.
HSBC
HK$6.5→HK$7.9
Sell
53.10%
Upside
Reiterated
10/10/24
New World Development (17:HK) (NDVLF) PT Raised to HK$7.90 at HSBCHSBC analyst Raymond Liu raised the price target on New World Development (17:HK) (OTC: NDVLF) to HK$7.90 (from HK$6.50) while maintaining a Reduce rating.
Goldman Sachs
HK$6.4→HK$5.8
Sell
12.40%
Upside
Reiterated
09/27/24
New World Development (17:HK) (NDVLF) PT Lowered to HK$5.80 at Goldman SachsGoldman Sachs analyst Gurpreet Singh Sahi lowered the price target on New World Development (17:HK) (OTC: NDVLF) to HK$5.80 (from HK$6.40) while maintaining a Sell rating.
Unknown Analyst
Not Ranked
CGS-CIMB
HK$9.5
Buy
84.11%
Upside
Reiterated
09/27/24
We think its ex- CEO’s resignation was due to the fallout from its rapid expansion in 2016-21.
0017 Analyst Recommendation Trends
Rating
Nov 24
Dec 24
Jan 25
Feb 25
Mar 25
Strong Buy
2
0
0
0
0
Buy
0
0
0
0
0
Hold
2
2
2
3
3
Sell
5
5
4
5
2
Strong Sell
0
0
0
0
0
total
9
7
6
8
5
Each month's total comprises the sum of three months' worth of ratings.
0017 Financial Forecast
0017 Stock Forecast FAQ
What is HK:0017’s average 12-month price target, according to analysts?
Based on analyst ratings, New World Development’s 12-month average price target is HK$4.12.
What is HK:0017’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for HK:0017, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is New World Development a Buy, Sell or Hold?
New World Development has a consensus rating of Moderate Sell, which is based on 0 buy ratings, 2 hold ratings and 2 sell ratings.
What is New World Development’s share price target?
The average share price target for New World Development is HK$4.12. This is based on 4 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is HK$4.61 ,and the lowest forecast is HK$3.70. The average share price target represents -20.10% Decrease from the current price of HK$5.16.
The highest analyst share price target is HK$4.61 ,and the lowest forecast is HK$3.70. The average share price target represents -20.10% Decrease from the current price of HK$5.16.
What do analysts say about New World Development?
New World Development’s analyst rating consensus is a Moderate Sell. This is based on the ratings of 4 Wall Streets Analysts.
How can I buy shares of New World Development?
To buy shares of HK:0017, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.