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China Molybdenum Co (HK:3993)
HKEX:3993
Holding HK:3993?
Track your performance easily
See the Price Targets and Ratings of:
3993 Analyst Ratings
Strong Buy
4 Buy
1 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
3993 Stock 12 Month Forecast
Average Price Target
HK$8.01
▲(16.58% Upside)
| Highest Price TargetHK$8.70 | Average Price TargetHK$8.01 | Lowest Price TargetHK$6.90 |
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
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Morgan Stanley
Reiterated
09/23/24
Jefferies
Reiterated
09/09/24
Macquarie
Initiated
09/03/24
J.P. Morgan
Initiated
08/21/24
Goldman Sachs
HK$7→HK$8
Buy
16.45%
Upside
Reiterated
06/06/24
China Molybdenum Co Ltd. (H-Shares) (3993:HK) (CMCLF) PT Raised to HK$8 at Goldman SachsGoldman Sachs analyst Joy Zhang raised the price target on China Molybdenum Co Ltd. (H-Shares) (3993:HK) (OTC: CMCLF) to HK$8.00 (from HK$7.00) while maintaining a Buy rating.
HSBC
HK$9.2→HK$9.4
Buy
36.83%
Upside
Reiterated
04/30/24
China Molybdenum Co Ltd. (H-Shares) (3993:HK) (CMCLF) PT Raised to HK$9.40 at HSBCHSBC analyst Howard Lau raised the price target on China Molybdenum Co Ltd. (H-Shares) (3993:HK) (OTC: CMCLF) to HK$9.40 (from HK$9.20) while maintaining a Buy rating.
Citi
HK$8.1→HK$7.2
Buy
4.80%
Upside
Reiterated
11/21/23
China Molybdenum Co Ltd. (H-Shares) (3993:HK) (CMCLF) PT Lowered to HK$7.20 at CitiCiti analyst Jack Shang lowered the price target on China Molybdenum Co Ltd. (H-Shares) (3993:HK) (OTC: CMCLF) to HK$7.20 (from HK$8.10) while maintaining a Buy rating.
Unknown Analyst
Not Ranked
UBS
HK$6→HK$5.4
Buy
-21.40%
Downside
Reiterated
01/10/24
China Molybdenum Co Ltd. (H-Shares) (3993:HK) (CMCLF) PT Lowered to HK$5.40 at UBSUBS analyst Sharon Ding lowered the price target on China Molybdenum Co Ltd. (H-Shares) (3993:HK) (OTC: CMCLF) to HK$5.40 (from HK$6.00) while maintaining a Buy rating.
Best Analysts Covering China Molybdenum Co
Which Analyst Should I Follow If I Want to Buy HK:3993 and Sell After:
1 Month
xxx
Success Rate
2/2 ratings generated profit
Average Return
+21.40%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 100.00% of your transactions generating a profit, with an average return of +21.40% per trade.
3 Months
xxx
Success Rate
2/2 ratings generated profit
Average Return
+40.75%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 100.00% of your transactions generating a profit, with an average return of +40.75% per trade.
1 Year
Success Rate
2/2 ratings generated profit
Average Return
+34.90%
reiterated a buy rating 2 months ago
Copying Johnson Wan's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +34.90% per trade.
2 Years
xxx
Success Rate
2/2 ratings generated profit
Average Return
+34.90%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +34.90% 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.
3993 Analyst Recommendation Trends
Rating
May 24
Jun 24
Aug 24
Sep 24
Oct 24
Strong Buy
7
3
3
5
5
Buy
0
0
0
0
0
Hold
1
1
1
1
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
8
4
4
6
6
Each month's total comprises the sum of three months' worth of ratings.
3993 Financial Forecast
3993 Stock Forecast FAQ
What is HK:3993’s average 12-month price target, according to analysts?
Based on analyst ratings, China Molybdenum Co’s 12-month average price target is HK$8.01.
What is HK:3993’s upside potential, based on the analysts’ average price target?
China Molybdenum Co has 16.58% 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 China Molybdenum Co a Buy, Sell or Hold?
China Molybdenum Co has a consensus rating of Strong Buy, which is based on 4 buy ratings, 1 hold ratings and 0 sell ratings.
What is China Molybdenum Co’s share price target?
The average share price target for China Molybdenum Co is HK$8.01. This is based on 5 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is HK$8.70 ,and the lowest forecast is HK$6.90. The average share price target represents 16.58% Increase from the current price of HK$6.87.
The highest analyst share price target is HK$8.70 ,and the lowest forecast is HK$6.90. The average share price target represents 16.58% Increase from the current price of HK$6.87.
What do analysts say about China Molybdenum Co?
China Molybdenum Co’s analyst rating consensus is a Strong Buy. This is based on the ratings of 5 Wall Streets Analysts.
How can I buy shares of China Molybdenum Co?
To buy shares of HK:3993, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.