Zhejiang Meida Industrial Co Ltd
SZSE:002677

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Zhejiang Meida Industrial Co Ltd
SZSE:002677
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Price: 9.62 CNY 5.48% Market Closed
Market Cap: ¥6.2B

Wall Street
Price Targets

Price Targets Summary
Zhejiang Meida Industrial Co Ltd

Wall Street analysts forecast Zhejiang Meida Industrial Co Ltd stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for Zhejiang Meida Industrial Co Ltd is 8.34 CNY with a low forecast of 8.13 CNY and a high forecast of 8.72 CNY.

Lowest
Price Target
8.13 CNY
15% Downside
Average
Price Target
8.34 CNY
13% Downside
Highest
Price Target
8.72 CNY
9% Downside
Zhejiang Meida Industrial Co Ltd Competitors:
Price Targets

Revenue
Forecast

7% / Year
Past Growth
5% / Year
Estimated Growth
Estimates Accuracy
-4%
Average Miss
7% / Year
Past Growth
5% / Year
Estimated Growth
Estimates Accuracy
-4%
Average Miss

For the last 13 years the compound annual growth rate for Zhejiang Meida Industrial Co Ltd's revenue is 7%. The projected CAGR for the next 3 years is 5%.

Operating Income
Forecast

2% / Year
Past Growth
18% / Year
Estimated Growth
Estimates Accuracy
-4%
Average Miss
2% / Year
Past Growth
18% / Year
Estimated Growth
Estimates Accuracy
-4%
Average Miss

For the last 13 years the compound annual growth rate for Zhejiang Meida Industrial Co Ltd's operating income is 2%. The projected CAGR for the next 3 years is 18%.

Net Income
Forecast

2% / Year
Past Growth
12% / Year
Estimated Growth
Estimates Accuracy
-6%
Average Miss
2% / Year
Past Growth
12% / Year
Estimated Growth
Estimates Accuracy
-6%
Average Miss

For the last 13 years the compound annual growth rate for Zhejiang Meida Industrial Co Ltd's net income is 2%. The projected CAGR for the next 3 years is 12%.

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 Zhejiang Meida Industrial Co Ltd's stock price target?
Price Target
8.34 CNY

According to Wall Street analysts, the average 1-year price target for Zhejiang Meida Industrial Co Ltd is 8.34 CNY with a low forecast of 8.13 CNY and a high forecast of 8.72 CNY.

What is Zhejiang Meida Industrial Co Ltd's Revenue forecast?
Projected CAGR
5%

For the last 13 years the compound annual growth rate for Zhejiang Meida Industrial Co Ltd's revenue is 7%. The projected CAGR for the next 3 years is 5%.

What is Zhejiang Meida Industrial Co Ltd's Operating Income forecast?
Projected CAGR
18%

For the last 13 years the compound annual growth rate for Zhejiang Meida Industrial Co Ltd's operating income is 2%. The projected CAGR for the next 3 years is 18%.

What is Zhejiang Meida Industrial Co Ltd's Net Income forecast?
Projected CAGR
12%

For the last 13 years the compound annual growth rate for Zhejiang Meida Industrial Co Ltd's net income is 2%. The projected CAGR for the next 3 years is 12%.

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