Huatai Securities keeps Buy on Mengniu stock at HKD 25.30 target

Published on 10/15/2026 at 18:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

P/E ratio stood at 33.57 on October 15, 2026. Mengniu stock costs EUR 2.15 on October 15, 2026, while Hong Kong rose 0.43 percent.

Analyst target and valuation

On October 13, 2026, Huatai Securities maintained Buy and set a HKD 25.30 target for Mengniu.
Mengniu's P/E ratio was 33.57 on October 15, 2026.
Mengniu stock costs EUR 2.15 at Lang & Schwarz on October 15, 2026 at 6:38 p.m. CEST, while Hong Kong rose 0.43 percent on the day.
Mengniu's market capitalization stood at HKD 73.0 billion on October 15, 2026.

Mengniu, KYG210961051, Illustration mit AI erstellt.

Huatai Securities maintained a Buy rating and set a HKD 25.30 target for Mengniu stock on October 13, 2026, according to Futubull. The target was reduced from HKD 25.65, placing it 33.86 percent above the HKD 18.90 Hong Kong price. The euro quotation stood at EUR 2.15 at Lang & Schwarz on October 15, 2026 at 6:38 p.m. CEST.

The target reflects a recovery call

Huatai's report assigns a 17.00 times 2026 earnings multiple and points to improving raw milk supply and demand, easing liquid-milk competition and tighter cost control. It also raises its 2026 to 2028 earnings-per-share forecasts to RMB 1.28, RMB 1.46 and RMB 1.56, increases of 5.00 percent, 5.00 percent and 4.00 percent from its previous estimates, according to Futubull.

HKD 19.67 marks the yearly high

China Mengniu Dairy last traded at HKD 18.90 on the Hong Kong Stock Exchange on October 15, 2026 at 4:08 p.m. HKT, up 0.43 percent from the prior close. The price was 3.91 percent below its HKD 19.67 52-week high and 36.17 percent above its HKD 13.88 52-week low. Volume reached 19,636,079 shares against an average of 18,754,708.

The latest interim report covered the six months ended June 30, 2026. It identified total assets of RMB 101.6359 billion and total equity of RMB 47.3241 billion, while naming HKEX:2319 as the listing, according to FilingReader.

Earnings multiple and market value

Mengniu's market capitalization was HKD 73.0 billion and its P/E ratio was 33.57 on October 15, 2026. The trailing dividend yield was 0.03 percent. The company operates in packaged foods and manufactures liquid milk, ice cream, milk formula and cheese products.

Comparison with peers

Mengniu: plus 0.43 percent, P/E 33.57, market capitalization HKD 73.0 billion
China Modern Dairy (HKEX, HKD): minus 3.20 percent, P/E minus 45.22, market capitalization HKD 10.6 billion
China Feihe (HKEX, HKD): minus 0.59 percent, P/E 11.06, market capitalization HKD 22.3 billion

The euro quote after Hong Kong

The euro quote was EUR 2.15 at Lang & Schwarz on October 15, 2026 at 6:38 p.m. CEST. Hong Kong's last traded price was HKD 18.90 at 4:08 p.m. HKT on the same date, up 0.43 percent from the prior close. The further course of trading is shown by the continuously updated real-time quote of Mengniu stock.