Broker Target Prices for Ping An (02318.HK)

Broker Target Prices for Ping An (02318.HK) – October 2021

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Ping An Insurance is a Chinese insurance stock which I hold in my Dividend Income Portfolio. I have previously published an article on Ping An in which I gave an estimate of Ping An’s Intrinsic Value, Margin of Safety and Return on Investment. In this article I would like to share the recent price targets for Ping An from the major brokers, courtesy of AAStocks.com.

BrokersRatingsTarget Price HK$
Morgan StanleyOverweight118
Huatai SecuritiesBuy110
BNP ParibasBuy101
BOCOMIBuy98
NomuraBuy95.18
HSBC Global ResearchBuy94
Credit SuisseOutperform85
CCBIOutperform84
CLSABuy83
CMSIBuy79
CITIC SecuritiesOverweight77
DaiwaHold58
Summary Table of Broker Target Prices for Ping An Insurance (02318.HK)

The average of the above price targets from various Broker Research Departments works out to be 90.18HK$ per share. Ping An’s shares in Hong Kong closed at 58.35HK$ on 20th October 2021, representing a potential upside of over 54%.