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Ningbo Ronbay New Energy Technology Co Ltd
SSE:688005

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Ningbo Ronbay New Energy Technology Co Ltd
SSE:688005
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Price: 29.28 CNY -0.24% Market Closed
Market Cap: ¥20.9B

Wall Street
Price Targets

Price Targets Summary
Ningbo Ronbay New Energy Technology Co Ltd

Wall Street analysts forecast Ningbo Ronbay New Energy Technology Co Ltd stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for Ningbo Ronbay New Energy Technology Co Ltd is 25.93 CNY with a low forecast of 13.13 CNY and a high forecast of 34.13 CNY.

Lowest
Price Target
13.13 CNY
55% Downside
Average
Price Target
25.93 CNY
11% Downside
Highest
Price Target
34.13 CNY
17% Upside
Ningbo Ronbay New Energy Technology Co Ltd Competitors:
Price Targets
PAAS
Pan American Silver Corp
-16% Downside

Revenue
Forecast

35% / Year
Past Growth
15% / Year
Estimated Growth
Estimates Accuracy
-7%
Average Miss
35% / Year
Past Growth
15% / Year
Estimated Growth
Estimates Accuracy
-7%
Average Miss

For the last 7 years the compound annual growth rate for Ningbo Ronbay New Energy Technology Co Ltd's revenue is 35%. The projected CAGR for the next 3 years is 15%.

Operating Income
Forecast

39% / Year
Past Growth
25% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss
39% / Year
Past Growth
25% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss

For the last 7 years the compound annual growth rate for Ningbo Ronbay New Energy Technology Co Ltd's operating income is 39%. The projected CAGR for the next 3 years is 25%.

Net Income
Forecast

38% / Year
Past Growth
36% / Year
Estimated Growth
Estimates Accuracy
-7%
Average Miss
38% / Year
Past Growth
36% / Year
Estimated Growth
Estimates Accuracy
-7%
Average Miss

For the last 7 years the compound annual growth rate for Ningbo Ronbay New Energy Technology Co Ltd's net income is 38%. The projected CAGR for the next 3 years is 36%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is Ningbo Ronbay New Energy Technology Co Ltd's stock price target?
Price Target
25.93 CNY

According to Wall Street analysts, the average 1-year price target for Ningbo Ronbay New Energy Technology Co Ltd is 25.93 CNY with a low forecast of 13.13 CNY and a high forecast of 34.13 CNY.

What is Ningbo Ronbay New Energy Technology Co Ltd's Revenue forecast?
Projected CAGR
15%

For the last 7 years the compound annual growth rate for Ningbo Ronbay New Energy Technology Co Ltd's revenue is 35%. The projected CAGR for the next 3 years is 15%.

What is Ningbo Ronbay New Energy Technology Co Ltd's Operating Income forecast?
Projected CAGR
25%

For the last 7 years the compound annual growth rate for Ningbo Ronbay New Energy Technology Co Ltd's operating income is 39%. The projected CAGR for the next 3 years is 25%.

What is Ningbo Ronbay New Energy Technology Co Ltd's Net Income forecast?
Projected CAGR
36%

For the last 7 years the compound annual growth rate for Ningbo Ronbay New Energy Technology Co Ltd's net income is 38%. The projected CAGR for the next 3 years is 36%.

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