Goldman Sachs keeps Sell on COSCO Shipping Holdings stock

Published on 10/01/2026 at 16:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman Sachs sets HKD 12.30 target under Sell on September 29, 2026. COSCO Shipping Holdings stock costs EUR 1.86 after EUR 1.85.

COSCO Shipping Holdings, CNE1000002J7, Illustration mit AI erstellt.

COSCO Shipping Holdings (ISIN CNE1000002J7) is facing a cautious analyst signal after Goldman Sachs maintained a Sell rating and set a HKD 12.30 price target, as The Globe and Mail reported on September 29, 2026. The stock also carries a fresh first-half operating update, giving investors two different signals to weigh.

Profit returns in first half

According to Moomoo, COSCO Shipping Holdings reported RMB 111.922 billion in revenue for the first half of 2026, up 2.59 percent from the same period of 2025. Profit attributable to equity holders reached RMB 17.528 billion, compared with a loss of RMB 4.135 billion in the first half of 2025.

The result was supported by the core container shipping business, which generated RMB 107.298 billion in revenue in the first half of 2026, an increase of 2.38 percent year over year. Terminal business revenue rose 8.30 percent to RMB 6.327 billion in the same period, while basic earnings per share reached RMB 1.12.

Analyst target stays below market

The Goldman Sachs target of HKD 12.30 is below the HKD 16.27 closing price cited in the September 29 report, a gap that explains the Sell stance. The report also said the broader analyst consensus was Moderate Sell, with an average target of HKD 14.27.

The company declared an interim cash dividend of RMB 0.43 per share for the first half of 2026, according to Moomoo. The payout totaled RMB 6.565 billion, equal to 49 percent of profit attributable to shareholders, adding an income component to the earnings recovery.

Hong Kong listing and next date

COSCO Shipping Holdings' H shares trade on the Hong Kong Stock Exchange under ticker 1919. Investing.com lists a September 30, 2026 H-share price of HKD 16.55 and a 52-week range of HKD 11.61 to HKD 18.04. The same page gives October 30, 2026 as the next earnings date.

Stock edges higher in trading

COSCO Shipping Holdings was trading at EUR 1.86 at Lang & Schwarz on October 1, 2026 at 4:32 p.m. CEST, plus 0.54 percent versus the Lang & Schwarz prior close of EUR 1.85 on September 30, 2026. The modest daily move contrasts with the sharp change in reported profit between the first halves of 2025 and 2026. The further course of trading is shown by the continuously updated real-time quote of COSCO Shipping Holdings stock.