Goldman Sachs puts CNY 67.00 target on Wuliangye stock
Published on 10/16/2026 at 15:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and market position
- A Goldman Sachs report dated September 28, 2026 put a CNY 67.00 target on Wuliangye.
- First-half revenue rose 20.87 percent to CNY 28.42 billion.
- Wuliangye stock costs CNY 72.07 on Shenzhen on October 16, 2026 at 3:04 p.m. CST, up 1.08 percent versus the prior close of October 15, 2026.
- Wuliangye traded at a P/E of 21.07 with a CNY 279.7 billion market capitalization.
Wuliangye stock (ISIN CNE000000VQ8) was assigned a CNY 67.00 target in a Goldman Sachs report dated September 28, 2026, according to Futu. The target sat 7.04 percent below the Shenzhen price. The stock was last at CNY 72.07 on Shenzhen on October 16, 2026 at 3:04 p.m. CST, up 1.08 percent from the prior close of CNY 71.30.
First-half revenue climbed 20.87 percent
Wuliangye reported operating revenue of CNY 28.42 billion for the first half of 2026, up 20.87 percent from the same period a year earlier. Net profit attributable to shareholders reached CNY 8.75 billion, an increase of 89.30 percent, according to kabutabi. The same report listed operating cash flow of minus CNY 2.15 billion for the period, keeping cash conversion central to the recovery debate.
Stock stays 41.39 percent below its high
The Shenzhen quote sits within a CNY 68.68 to CNY 122.96 52-week range as of October 16, 2026. At CNY 72.07, the stock was 4.94 percent above the range low and 41.39 percent below the high. Trading volume reached 30,509,013 shares, compared with an average volume of 27,589,051 shares.
Valuation and the October 26 date
Wuliangye had a market capitalization of CNY 279.7 billion and a P/E of 21.07 on October 16, 2026. A quarterly results date of October 26, 2026 was listed by TickerLandia. The date gives investors a near-term test for whether the first-half recovery is carrying into the second half.
Comparison with peers
Wuliangye (Shenzhen, CNY): up 1.08 percent, P/E 21.07, market capitalization CNY 279.7 billion.
Kweichow Moutai (Shanghai, CNY): up 1.22 percent, P/E 20.43, market capitalization CNY 1.7 trillion.
Luzhou Laojiao (Shenzhen, CNY): up 0.80 percent, P/E 14.09, market capitalization CNY 105.9 billion.
Price position after the Shenzhen session
Wuliangye's CNY 72.07 quote leaves the stock close to its 52-week low while its first-half earnings growth remains much stronger than its cash-flow trend. The next results date will put both figures under closer scrutiny.
Wuliangye market data
- Company: Wuliangye Yibin Co., Ltd.
- ISIN: CNE000000VQ8
- Ticker: 000858
- Primary exchange: Shenzhen Stock Exchange
- Price Shenzhen (as of October 16, 2026, 3:04 p.m. CST): CNY 72.07
- Change versus prior close: plus 1.08 percent
- Prior close (October 15, 2026): CNY 71.30
- Market capitalization: CNY 279.7 billion (as of October 16, 2026)
- 52-week range: CNY 68.68-CNY 122.96 (as of October 16, 2026)
- Sector / Industry: Consumer Defensive / Beverages - Wineries and Distilleries
- Index membership: Shanghai Composite
Market context: Market report Shanghai Composite.
