Next quarter’s earnings estimate for 1208 is HK$0.23 with a range of HK$0.23 to HK$0.23. The previous quarter’s EPS was HK$0.02. 1208 beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 30.77% of the time in the same period. In the last calendar year 1208 has Outperformed its overall industry.

1208 Sales Forecast

Next quarter’s sales forecast for 1208 is HK$20.43B with a range of HK$20.43B to HK$20.43B. The previous quarter’s sales results were HK$15.00B. 1208 beat its sales estimates 50.00% of the time in past 12 months, while its overall industry beat sales estimates 68.89% of the time in the same period. In the last calendar year 1208 has Underperformed its overall industry.

Detailed List of Analyst Forecasts

Ranks

Any

Analyst Rating

Any

Upside/ Downside

Any

Action

Any

Joy Zhang

Goldman Sachs

HK$3.9→HK$3.4

Buy

38.78%

Upside

Reiterated

08/15/24

MMG Ltd. (1208:HK) PT Lowered to HK$3.40 at Goldman SachsGoldman Sachs analyst Trina Chen lowered the price target on MMG Ltd. (1208:HK) to HK$3.40 (from HK$3.90) while maintaining a Buy rating.

Chris LaFemina

Jefferies

HK$3→HK$2.8

Hold

14.29%

Upside

Reiterated

08/14/24

MMG Ltd. (1208:HK) PT Lowered to HK$2.80 at JefferiesJefferies analyst Christopher LaFemina lowered the price target on MMG Ltd. (1208:HK) to HK$2.80 (from HK$3.00) while maintaining a Hold rating.

Eunyoung Lee

DBS

HK$2.9

Buy

18.37%

Upside

Reiterated

08/14/24

MMG's Strong Earnings Growth Outlook Bolstered by Production Recovery and Strategic Acquisitions

Howard Lau

HSBC

HK$4.1

Buy

67.35%

Upside

Reiterated

04/25/24

HSBC Reiterates Buy Rating on MMG Ltd. (1208:HK)HSBC analyst Howard Lau reiterated a Buy rating and HK$4.10 price target on MMG Ltd. (1208:HK).

Best Analysts Covering MMG

Which Analyst Should I Follow If I Want to Buy HK:1208 and Sell After:

1 Month

xxx

Success Rate

1/4 ratings generated profit

Average Return

+16.98%

reiterated a xxx

rating 4 months ago

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 1 Month would result in 25.00% of your transactions generating a profit, with an average return of +16.98% per trade.

3 Months

xxx

Success Rate

3/4 ratings generated profit

Average Return

+43.53%

reiterated a xxx

rating 4 months ago

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 3 Months would result in 75.00% of your transactions generating a profit, with an average return of +43.53% per trade.

1 Year

Joy ZhangGoldman Sachs

Success Rate

3/4 ratings generated profit

Average Return

+19.05%

reiterated a buy rating 4 months ago

Copying Joy Zhang's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +19.05% per trade.

2 Years

xxx

Success Rate

3/4 ratings generated profit

Average Return

+4.60%

reiterated a xxx

rating 4 months ago

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 2 Years would result in 75.00% of your transactions generating a profit, with an average return of +4.60% 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.

1208 Analyst Recommendation Trends

Rating

Apr 24

May 24

Jun 24

Jul 24

Aug 24

Strong Buy

Buy

Hold

Sell

Strong Sell

total

In the current month, 1208 has received 3 Buy Ratings, 2 Hold Ratings, and 0 Sell Ratings. 1208 average Analyst price target in the past 3 months is ―.

Each month's total comprises the sum of three months' worth of ratings.

Stocks with the Highest Top Analyst Consensus in the Basic Materials Sector

xxx

Find stocks in the Basic Materials sector that are highly recommended by Top Performing Analysts.

1208 Stock Forecast FAQ

What is HK:1208’s average 12-month price target, according to analysts?

Currently, no data Available

What is HK:1208’s upside potential, based on the analysts’ average price target?

Currently there's no upside potential for HK:1208, 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 MMG Ltd. a Buy, Sell or Hold?

Currently, no data Available

What is MMG Ltd.’s share price target?

Currently, no data Available

What do analysts say about MMG Ltd.?

Not enough analysts have published a price target to provide an average price target.

How can I buy shares of MMG Ltd.?

To buy shares of HK:1208, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.

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MMG (1208) Stock Forecast & Price Target

1208 Analyst Ratings

1208 Stock 12 Month Forecast

1208 Financial Forecast

1208 Earnings Forecast

1208 Sales Forecast

Detailed List of Analyst Forecasts​

Best Analysts Covering MMG

1208 Analyst Recommendation Trends

1208 Stock Forecast FAQ

Become an Expert with TipRanks Premium

Detailed List of Analyst Forecasts