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Shandong Weigao Group Medical Polymer Co Ltd Class H (HK:1066)
HKEX:1066
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Shandong Weigao Group Medical Polymer Co (1066) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

1066 Analyst Ratings

Moderate Buy
1Ratings
1 Buy
0 Hold
0 Sell
Based on 1 analysts giving stock ratings to
Shandong
Weigao Group Medical Polymer Co
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

1066 Stock 12 Month Forecast

Average Price Target

HK$6.53
▲(44.43% Upside)
Based on 1 Wall Street analysts offering 12 month price targets for Shandong Weigao Group Medical Polymer Co in the last 3 months. The average price target is HK$6.53 with a high forecast of HK$6.50 and a low forecast of HK$6.50. The average price target represents a 44.43% change from the last price of HK$4.52.
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Highest Price TargetHK$6.50Average Price TargetHK$6.53Lowest Price TargetHK$6.50
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​

Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Nomura
HK$8.45HK$6.29
Buy
39.16%
Upside
Reiterated
07/22/24
Shandong Weigao Group Medical (1066:HK) (SHWGY) PT Lowered to HK$6.29 at Nomura/InstinetNomura/Instinet analyst Jialin Zhang lowered the price target on Shandong Weigao Group Medical (1066:HK) (OTC: SHWGY) to HK$6.29 (from HK$8.45) while maintaining a rating.
Goldman Sachs
HK$8.7HK$7.8
Buy
72.57%
Upside
Reiterated
07/19/24
Shandong Weigao Group Medical (1066:HK) (SHWGY) PT Lowered to HK$7.80 at Goldman SachsGoldman Sachs analyst Chris Pan lowered the price target on Shandong Weigao Group Medical (1066:HK) (OTC: SHWGY) to HK$7.80 (from HK$8.70) while maintaining a Buy rating.
Jefferies
Buy
Reiterated
10/25/24

Best Analysts Covering Shandong Weigao Group Medical Polymer Co

Which Analyst Should I Follow If I Want to Buy HK:1066 and Sell After:
1 Month
xxx
Success Rate
3/6 ratings generated profit
50%
Average Return
-4.23%
reiterated a xxx
rating 5 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 50.00% of your transactions generating a profit, with an average return of -4.23% per trade.
3 Months
xxx
Success Rate
6/10 ratings generated profit
60%
Average Return
+3.77%
reiterated a xxx
rating 5 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 60.00% of your transactions generating a profit, with an average return of +3.77% per trade.
1 Year
Success Rate
3/10 ratings generated profit
30%
Average Return
-14.71%
reiterated a buy rating 5 months ago
Copying Jialin Zhang's trades and holding each position for 1 Year would result in 30.00% of your transactions generating a profit, with an average return of -14.71% per trade.
2 Years
xxx
Success Rate
1/6 ratings generated profit
17%
Average Return
-23.88%
reiterated a xxx
rating 5 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 16.67% of your transactions generating a profit, with an average return of -23.88% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

1066 Analyst Recommendation Trends

Rating
Apr 24
Jul 24
Aug 24
Sep 24
Oct 24
Strong Buy
4
5
4
4
3
Buy
0
0
0
0
0
Hold
0
0
0
0
0
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
4
5
4
4
3
In the current month, 1066 has received 3 Buy Ratings, 0 Hold Ratings, and 0 Sell Ratings. 1066 average Analyst price target in the past 3 months is HK$6.53.
Each month's total comprises the sum of three months' worth of ratings.
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1066 Financial Forecast

1066 Earnings Forecast

Next quarter’s earnings estimate for 1066 is HK$0.25 with a range of HK$0.25 to HK$0.25. The previous quarter’s EPS was HK$0.27. 1066 beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 38.51% of the time in the same period. In the last calendar year 1066 has Outperformed its overall industry.
Next quarter’s earnings estimate for 1066 is HK$0.25 with a range of HK$0.25 to HK$0.25. The previous quarter’s EPS was HK$0.27. 1066 beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 38.51% of the time in the same period. In the last calendar year 1066 has Outperformed its overall industry.

1066 Sales Forecast

Next quarter’s sales forecast for 1066 is HK$7.39B with a range of HK$7.39B to HK$7.39B. The previous quarter’s sales results were HK$7.19B. 1066 beat its sales estimates 50.00% of the time in past 12 months, while its overall industry beat sales estimates 53.85% of the time in the same period. In the last calendar year 1066 has Underperformed its overall industry.
Next quarter’s sales forecast for 1066 is HK$7.39B with a range of HK$7.39B to HK$7.39B. The previous quarter’s sales results were HK$7.19B. 1066 beat its sales estimates 50.00% of the time in past 12 months, while its overall industry beat sales estimates 53.85% of the time in the same period. In the last calendar year 1066 has Underperformed its overall industry.

1066 Stock Forecast FAQ

What is HK:1066’s average 12-month price target, according to analysts?
Based on analyst ratings, Shandong Weigao Group Medical Polymer Co Ltd Class H’s 12-month average price target is HK$6.53.
    What is HK:1066’s upside potential, based on the analysts’ average price target?
    Shandong Weigao Group Medical Polymer Co Ltd Class H has 44.43% upside potential, 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 Shandong Weigao Group Medical Polymer Co Ltd Class H a Buy, Sell or Hold?
          Shandong Weigao Group Medical Polymer Co Ltd Class H has a consensus rating of Moderate Buy, which is based on 1 buy ratings, 0 hold ratings and 0 sell ratings.
            What is Shandong Weigao Group Medical Polymer Co Ltd Class H’s share price target?
            The average share price target for Shandong Weigao Group Medical Polymer Co Ltd Class H is HK$6.53. This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst share price target is HK$6.50 ,and the lowest forecast is HK$6.50. The average share price target represents 44.43% Increase from the current price of HK$4.52.
              What do analysts say about Shandong Weigao Group Medical Polymer Co Ltd Class H?
              Shandong Weigao Group Medical Polymer Co Ltd Class H’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 1 Wall Streets Analysts.
                How can I buy shares of Shandong Weigao Group Medical Polymer Co Ltd Class H?
                To buy shares of HK:1066, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.
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