Citi keeps CNY 28.14 target for CITIC Securities stock

Published on 10/22/2026 at 09:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CITIC Securities reported CNY 13.13 billion net income in the second quarter. For CITIC Securities stock, results are due on October 26, 2026.

Analyst view and reporting date

Citi maintained a CNY 28.14 target on October 21, 2026.
CITIC Securities will review third-quarter results on October 26, 2026.
CITIC Securities stock was last at CNY 25.28 on October 22, 2026 at 3:00 p.m. CST in Shanghai.

CITIC, CNE000001DB6, Illustration mit AI erstellt.

Citi maintained its CNY 28.14 price target for CITIC Securities on October 21, 2026, according to Investing.com. The Hold rating and unchanged target make the upcoming results the next concrete test for the Chinese investment bank.

What comes next on October 26

The board is scheduled to review unaudited third-quarter results for the period ended September 30, 2026, at a meeting on October 26, 2026, according to the company's CITIC Securities. That date gives the target a near-term earnings reference, while the latest reported quarter provides the baseline.

For the second quarter of 2026, CITIC Securities reported CNY 26.54 billion in revenue and CNY 13.13 billion in net income, while earnings per share came to CNY 0.89 against a CNY 0.61 estimate, according to Investing.com. The earnings figure exceeded the cited estimate by CNY 0.28, or 45.90 percent.

Three dates behind the setup

On April 20, 2026, JPMorgan upgraded its rating and raised its target from CNY 26.80 to CNY 33.00, as listed by Investing.com. On August 20, 2026, the company reported the second-quarter figures of CNY 26.54 billion revenue and CNY 0.89 earnings per share. On October 12, 2026, CITIC Securities announced the October 26 board meeting for the third-quarter review.

What does the target imply?

CITIC Securities was last at CNY 25.28 on the Shanghai Stock Exchange on October 22, 2026 at 3:00 p.m. CST. Citi's CNY 28.14 target lies 11.31 percent above that price, while the current market capitalization was CNY 381.8 billion and the 52-week range was CNY 23.77 to CNY 32.53.

Shanghai valuation stays tied to results

The stock sits 6.36 percent above its 52-week low and 22.29 percent below its 52-week high, using the October 22, 2026 quotation and the same CNY range. The October 26 results therefore matter for whether the latest earnings momentum can support the target level.