CICC keeps Buy rating and HKD 27.80 target for Ganfeng stock

Published on 10/20/2026 at 20:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The consensus target was HKD 43.16 on October 18, 2026. Ganfeng stock costs EUR 2.69 on October 20, 2026 at 8:51 p.m. CEST.

CICC target and valuation

CICC maintained a Buy rating and set a HKD 27.80 target on October 18, 2026.
Ganfeng had a P/E ratio of 11.92 and a market capitalization of HKD 61.9 billion on October 20, 2026.
Ganfeng stock was trading at EUR 2.69 at Lang & Schwarz on October 20, 2026 at 8:51 p.m. CEST.

Ganfeng, CNE1000031W9, Illustration mit AI erstellt.

Ganfeng Lithium Group (ISIN CNE1000031W9) has a CICC Buy rating and a HKD 27.80 price target dated October 18, 2026. The target is 19.21 percent above the HKD 23.32 last price on HKEX on October 20, 2026 at 4:08 p.m. HKT. Markets Insider reported the analyst action. Ganfeng was trading at EUR 2.69 at Lang & Schwarz on October 20, 2026 at 8:51 p.m. CEST.

What does the target imply?

The same report cited a Moderate Buy consensus and a HKD 43.16 average target, leaving the consensus 85.08 percent above the HKEX price of HKD 23.32. The gap between the CICC target and the broader consensus matters because CICC's target is materially more cautious than the average analyst estimate.

Stock position near yearly low

Ganfeng's HKEX quote stood 2.64 percent above its HKD 22.72 52-week low and 74.43 percent below its HKD 91.20 52-week high on October 20, 2026. Trading volume reached 18,142,085 shares. These levels place the stock close to the bottom of its annual range despite the recent earnings recovery.

Valuation meets balance-sheet growth

The company had a P/E ratio of 11.92 and a market capitalization of HKD 61.9 billion on October 20, 2026. SMM reported on October 16 that total assets reached CNY 122.489 billion as of September 30, 2026, while long-term borrowings stood at CNY 19.538 billion. The balance-sheet figures add a counterweight to the improved earnings picture. SMM also reported that operating cash flow reached CNY 2.295 billion in the first three quarters of 2026, compared with negative CNY 429 million a year earlier.

Ganfeng stock stays under review

For investors, the key tension is visible in the figures: CICC's HKD 27.80 target is above the current HKEX price, while the stock remains only 2.64 percent above its yearly low. The next assessment will depend on whether stronger lithium pricing can offset the higher financing burden described in the September 30 balance sheet.

Ganfeng Lithium Co., Ltd. was last at EUR 2.69 at Lang & Schwarz on October 20, 2026 at 8:51 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Ganfeng stock.