CM Bank stock: Morgan Stanley lifts target for CM Bank stock to HKD 61.50
Published on 10/19/2026 at 15:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Morgan Stanley lifted its China Merchants Bank target to HKD 61.50 on October 9, 2026.
- China Merchants Bank is scheduled to report earnings on October 31, 2026.
- CM Bank stock costs EUR 6.03 at Lang & Schwarz on October 19, 2026 at 3:16 p.m. CEST.
- CM Bank had a P/E ratio of 7.37 and a market capitalization of HKD 1.3 trillion on October 16, 2026.
On October 9, 2026, Morgan Stanley raised its target for China Merchants Bank to HKD 61.50, according to Moomoo. CM Bank stock was at EUR 6.03 at Lang & Schwarz on October 19, 2026 at 3:16 p.m. CEST.
Earnings date brings the next test
China Merchants Bank is scheduled to release its next earnings report on October 31, 2026, according to TradingView. The date gives investors a defined checkpoint after the latest reported quarter ended June 30, 2026.
Range leaves room below the high
China Merchants Bank shares last traded at HKD 53.25 on the Hong Kong Stock Exchange on October 16, 2026, with a 52-week range of HKD 43.34 to HKD 54.25. The closing level stood HKD 1.00 below the yearly high, while the Lang & Schwarz quote was EUR 6.03 on October 19, 2026 at 3:16 p.m. CEST.
The bank reported CNY 38.43 billion of net income for the second quarter of 2026. Its first-quarter net income was CNY 37.85 billion, placing the quarter-on-quarter increase at 1.52 percent. The figures put the upcoming report in a measurable earnings context.
Valuation and peer comparison
China Merchants Bank had a P/E ratio of 7.37 and a market capitalization of HKD 1.3 trillion on October 16, 2026. Its trailing dividend yield was 0.05 percent. The Morgan Stanley target of HKD 61.50 was HKD 8.25 above the October 16 price of HKD 53.25.
Comparison with peers
China Merchants Bank (HKEX, HKD): P/E 7.37, market capitalization HKD 1.3 trillion.
Bank of China (HKEX, HKD): P/E 8.67, market capitalization HKD 2.6 trillion.
China Construction Bank (HKEX, HKD): P/E 8.83, market capitalization HKD 2.4 trillion.
Price remains the market frame
China Merchants Bank combines a target of HKD 61.50 from Morgan Stanley with a scheduled October 31, 2026 earnings date. The valuation comparison shows a P/E ratio of 7.37 for China Merchants Bank against 8.67 for Bank of China and 8.83 for China Construction Bank.
CM Bank was trading at EUR 6.03 at Lang & Schwarz on October 19, 2026 at 3:16 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of CM Bank stock.
CM Bank stock facts
- Company: China Merchants Bank Co., Ltd.
- ISIN: CNE1000002M1
- Ticker: 3968.HK
- Primary exchange: Hong Kong Stock Exchange
- Price Lang & Schwarz (as of October 19, 2026, 3:16 p.m. CEST): EUR 6.03
- Sector / Industry: Financial Services / Regional Banks
- Market capitalization: HKD 1.3 trillion (as of October 16, 2026)
- 52-week range: HKD 43.34-HKD 54.25 (as of October 16, 2026)
- Next earnings date: October 31, 2026
Market context: Market report Latest market reports.
