Industrial and Commercial Bank of China, CNE1000003G1

Industrial and Commercial Bank of China stock: Goldman Sachs keeps HKD 7.71 target for ICBC stock

Published on 10/20/2026 at 15:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half 2026 revenue reached CNY 446.16 billion, up 9.1 percent. Industrial and Commercial Bank of China stock costs EUR 0.85 on October 20, 2026.

Analyst target and interim figures

Goldman Sachs maintained an HKD 7.71 target on September 25, 2026.
First-half 2026 operating income reached CNY 446.16 billion, up 9.1 percent year over year.
Industrial and Commercial Bank of China stock costs EUR 0.85 at Lang & Schwarz on October 20, 2026 at 3:01 p.m. CEST.
Third-quarter results are scheduled for October 31, 2026.

Industrial and Commercial Bank of China, CNE1000003G1, Illustration mit AI erstellt.

Goldman Sachs maintained its HKD 7.71 target for Industrial and Commercial Bank of China on September 25, 2026, keeping a Hold rating, according to Investing.com. The target is 2.94 percent above the HKD 7.49 Hong Kong quote on October 20, 2026. At Lang & Schwarz, the stock was trading at EUR 0.85 on October 20, 2026 at 3:01 p.m. CEST.

Interim income sets the baseline

Industrial and Commercial Bank of China reported CNY 446.16 billion in operating income for the first half of 2026, an increase of 9.1 percent from the same period a year earlier. Net profit reached CNY 176.48 billion, up 4.5 percent year over year, while net interest income rose 8.8 percent to CNY 341.24 billion, according to FilingReader. The figures give the Goldman Sachs target a current earnings reference without turning the target into a forecast of the bank's own results.

Range and valuation frame the quote

The HKEX-listed 1398 shares traded at HKD 7.49 on October 20, 2026 at 4:08 p.m. HKT. The 52-week range was HKD 5.91 to HKD 7.77, putting the latest Hong Kong quote 3.60 percent below the high. Market capitalization was CNY 3.06 trillion on the same quote snapshot, while the reported price-to-earnings ratio was 8.41.

Results date gives investors a marker

Industrial and Commercial Bank of China is scheduled to release third-quarter 2026 results on October 31, 2026, according to Investing.com. That date follows the first-half report and creates the next dated test for revenue growth, profit development and credit quality. The bank's corporate, personal and treasury operations remain its principal business divisions.

What does the target imply?

Goldman Sachs' HKD 7.71 target sits 2.94 percent above the HKD 7.49 Hong Kong quote. The comparison is modest beside the 52-week range, where the high of HKD 7.77 is only 3.60 percent above the latest quote. For investors, the October 31 results date is therefore the next concrete reference for assessing whether first-half growth continued.

Trading level and next date

Industrial and Commercial Bank of China stock was trading at EUR 0.85 at Lang & Schwarz on October 20, 2026 at 3:01 p.m. CEST. The HKEX quote stood at HKD 7.49 on October 20, 2026 at 4:08 p.m. HKT. The further course of trading is shown by the continuously updated real-time quote of Industrial and Commercial Bank of China stock.