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WuXi AppTec Co., Ltd. Class H (HK:2359)
HKEX:2359
Holding HK:2359?
Track your performance easily
See the Price Targets and Ratings of:
2359 Analyst Ratings
Strong Buy
5 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
2359 Stock 12 Month Forecast
Average Price Target
HK$65.19
▲(18.31% Upside)
| Highest Price TargetHK$73.60 | Average Price TargetHK$65.19 | Lowest Price TargetHK$51.00 |
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
J.P. Morgan
Reiterated
10/31/24
Goldman Sachs
Reiterated
10/30/24
CLSA
Reiterated
10/29/24
Jefferies
Reiterated
10/25/24
Nomura
Reiterated
10/25/24
Morgan Stanley
HK$165
Buy
199.46%
Upside
Reiterated
02/02/24
We believe the share price will rise in absolute terms over the next 30 days. This is because the stock has traded off recently, making short term valuation much more compelling. This is probably attributable to a draft bill introduced on January 25 prohibiting some US agencies from contracting with certain biotechnology providers, which included WuXi AppTec. We note that the restricted US agencies proposed in the draft bill are limited to those receiving federal funding, and the Senate discussion for one of the three "Biosecure" bills (S.3558) is likely to be postponed to the next week (from January 31), per yesterday's update from the US Senate, further highlighting that making a bill law can be a long process and subject to unexpected turns and delays. WuXi AppTec's current market cap implies ~13x 2024 P/E based on MSe, vs. Samsung Bio's c.60x P/E.
Unknown Analyst
Not Ranked
Macquarie
HK$123→HK$43
Hold
-21.96%
Downside
Downgraded
03/20/24
Macquarie Downgrades Wuxi Apptec (2359:HK) (WUXIF) to NeutralMacquarie analyst David Ng downgraded Wuxi Apptec (2359:HK) (OTC: WUXIF) from Outperform to Neutral with a price target of HK$43.00 (from HK$123.00).
Best Analysts Covering WuXi AppTec Co., Ltd. Class H
Which Analyst Should I Follow If I Want to Buy HK:2359 and Sell After:
1 Month
xxx
Success Rate
2/5 ratings generated profit
Average Return
-3.88%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 40.00% of your transactions generating a profit, with an average return of -3.88% per trade.
3 Months
xxx
Success Rate
3/6 ratings generated profit
Average Return
+2.02%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 50.00% of your transactions generating a profit, with an average return of +2.02% per trade.
1 Year
Success Rate
4/5 ratings generated profit
Average Return
+31.26%
reiterated a buy rating 2 months ago
Copying Yang Huang's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +31.26% per trade.
2 Years
xxx
Success Rate
4/5 ratings generated profit
Average Return
+31.26%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 80.00% of your transactions generating a profit, with an average return of +31.26% 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.
2359 Analyst Recommendation Trends
Rating
Jul 24
Aug 24
Sep 24
Oct 24
Nov 24
Strong Buy
2
3
3
1
0
Buy
1
0
2
7
8
Hold
1
1
0
1
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
4
4
5
9
9
Each month's total comprises the sum of three months' worth of ratings.
2359 Financial Forecast
2359 Stock Forecast FAQ
What is HK:2359’s average 12-month price target, according to analysts?
Based on analyst ratings, WuXi AppTec Co., Ltd. Class H’s 12-month average price target is HK$65.19.
What is HK:2359’s upside potential, based on the analysts’ average price target?
WuXi AppTec Co., Ltd. Class H has 18.31% 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 WuXi AppTec Co., Ltd. Class H a Buy, Sell or Hold?
WuXi AppTec Co., Ltd. Class H has a consensus rating of Strong Buy, which is based on 5 buy ratings, 1 hold ratings and 0 sell ratings.
What is WuXi AppTec Co., Ltd. Class H’s share price target?
The average share price target for WuXi AppTec Co., Ltd. Class H is HK$65.19. This is based on 6 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is HK$73.60 ,and the lowest forecast is HK$51.00. The average share price target represents 18.31% Increase from the current price of HK$55.1.
The highest analyst share price target is HK$73.60 ,and the lowest forecast is HK$51.00. The average share price target represents 18.31% Increase from the current price of HK$55.1.
What do analysts say about WuXi AppTec Co., Ltd. Class H?
WuXi AppTec Co., Ltd. Class H’s analyst rating consensus is a Strong Buy. This is based on the ratings of 6 Wall Streets Analysts.
How can I buy shares of WuXi AppTec Co., Ltd. Class H?
To buy shares of HK:2359, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.