Wuliangye stock: Goldman Sachs sets CNY 67.00 target for Wuliangye stock
Published on 10/19/2026 at 15:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGoldman Sachs target and valuation
- Goldman Sachs assigned a CNY 67.00 target to Wuliangye on October 7, 2026.
- Wuliangye traded within a CNY 68.68 to CNY 122.50 52-week range.
- Wuliangye stock was last at CNY 72.82 on October 19, 2026 at 3:04 p.m. CST, up 1.04 percent on Shenzhen.
- Wuliangye had a P/E ratio of 21.29 and market capitalization of CNY 282.7 billion.
Wuliangye (ISIN CNE000000VQ8) had a CNY 67.00 price target from Goldman Sachs on October 7, 2026. According to Futunn, Goldman Sachs downgraded the stock to Sell and cited weak sales momentum. The target was 7.99 percent below the Shenzhen price of CNY 72.82. Wuliangye was last at CNY 72.82 on Shenzhen on October 19, 2026 at 3:04 p.m. CST, up 1.04 percent from the CNY 72.07 previous close.
Wuliangye price position
The stock remained 6.03 percent above its 52-week low of CNY 68.68 and 40.56 percent below its 52-week high of CNY 122.50. Both levels and the current quotation are in CNY, keeping the range directly comparable with the Shenzhen price.
The latest session also put Wuliangye ahead of the two other Chinese spirits companies used in the market comparison below. Its 1.04 percent daily gain exceeded Luzhou Laojiao's 0.97 percent increase, while Kweichow Moutai fell 0.30 percent.
Valuation at CNY 282.7 billion
Wuliangye's market capitalization stood at CNY 282.7 billion on October 19, 2026, with a P/E ratio of 21.29. Kweichow Moutai carried a CNY 1,656.3 billion market value and a P/E ratio of 20.37, while Luzhou Laojiao had CNY 106.9 billion and a P/E ratio of 14.23.
The valuation picture therefore combines a lower share price than the yearly high with a multiple above Luzhou Laojiao's. Goldman Sachs' CNY 67.00 target provides the clearest dated counterpoint to the current quotation, while the report also highlighted pressure across China's spirits market.
Comparison with peers
Wuliangye (Shenzhen, CNY): plus 1.04 percent, P/E 21.29, market capitalization CNY 282.7 billion
Kweichow Moutai (Shanghai, CNY): minus 0.30 percent, P/E 20.37, market capitalization CNY 1,656.3 billion
Luzhou Laojiao (Shenzhen, CNY): plus 0.97 percent, P/E 14.23, market capitalization CNY 106.9 billion
What the target says
For investors, the key contrast is the gap between the current quotation and the dated Goldman Sachs target. Wuliangye's price was 8.69 percent above that target when the Shenzhen session ended, while the stock remained close to its yearly low in comparison with the broader range.
Market position and next steps
Wuliangye operates in China's baijiu market and trades under ticker 000858.SZ on the Shenzhen Stock Exchange. The October 19, 2026 quotation gives the market a fresh starting point for assessing the target, valuation and the company's next reported operating update.
Wuliangye stock facts
- Company: Wuliangye Yibin Co., Ltd.
- ISIN: CNE000000VQ8
- Ticker: 000858.SZ
- Primary exchange: Shenzhen Stock Exchange
- Price on Shenzhen (as of October 19, 2026, 3:04 p.m. CST): CNY 72.82
- Change on Shenzhen: plus 1.04 percent versus previous close of CNY 72.07
- Market capitalization: CNY 282.7 billion (as of October 19, 2026)
- 52-week range: CNY 68.68-CNY 122.50 (as of October 19, 2026)
- P/E: 21.29 (as of October 19, 2026)
Market context: Market report Shanghai Composite.
