Morgan Stanley holds HKD 53.50 target for Fuyao Glass stock
Published on 10/20/2026 at 20:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and valuation
- Morgan Stanley maintained a HKD 53.50 target on October 12, 2026.
- Fuyao Glass had a 16.95 price-to-earnings ratio on October 20, 2026.
- Fuyao Glass stock cost EUR 6.30 at Lang & Schwarz on October 20, 2026 at 8:07 p.m. CEST.
- The Shanghai listing was last at CNY 55.25, down 0.38 percent on October 20, 2026.
Morgan Stanley maintained its Hold rating on Fuyao Glass and set a HKD 53.50 price target on October 12, 2026, according to Markets Insider. The euro quote was EUR 6.30 at Lang & Schwarz on October 20, 2026 at 8:07 p.m. CEST. On Shanghai, the stock was last at CNY 55.25 at 3:00 p.m. CST, down 0.38 percent from CNY 55.46.
Target sits below the latest Hong Kong quote
The HKD 53.50 target is below the latest Hong Kong quote of HKD 55.35 on October 20, 2026. On that same-currency comparison, the target sits 3.34 percent below the Hong Kong price. Morgan Stanley's note was dated October 12, 2026, and the firm kept its Hold assessment rather than raising its valuation view.
Shanghai shares stay below the yearly high
Fuyao Glass traded within a CNY 47.53 to CNY 69.06 52-week range on October 20, 2026. The CNY 55.25 price stood 20.00 percent below the yearly high and 16.24 percent above the yearly low. Trading volume reached 5,511,251 shares, giving the session a concrete liquidity measure.
Valuation remains a key comparison
Fuyao Glass carried a 16.95 price-to-earnings ratio and a CNY 144.2 billion market capitalization on October 20, 2026. The valuation sits between the two available auto-parts comparisons: Minth Group had a price-to-earnings ratio of 8.10 and a HKD 27.1 billion market capitalization, while Ningbo Joyson Electronic had a ratio of 22.60 and a CNY 29.4 billion market capitalization on the same date.
What does the target imply?
The analyst view puts the immediate emphasis on valuation discipline rather than a fresh upward target. The HKD 53.50 level is 3.34 percent below the latest Hong Kong quote, while the Shanghai listing remains 20.00 percent below its 52-week high.
Fuyao Glass stock in two currencies
For investors in Germany, the Lang & Schwarz quote provides the euro view at EUR 6.30 on October 20, 2026 at 8:07 p.m. CEST. The Shanghai listing provides the home-market reference at CNY 55.25 on October 20, 2026 at 3:00 p.m. CST, down 0.38 percent from its prior close.
The further course of trading is shown by the continuously updated real-time quote of Fuyao Glass stock.
Fuyao Glass stock facts
- Company: Fuyao Glass Industry Group Co., Ltd.
- ISIN: CNE100001TR7
- Ticker: 600660
- Primary exchange: Shanghai Stock Exchange
- Price Lang & Schwarz (as of October 20, 2026, 8:07 p.m. CEST): EUR 6.30
- Shanghai last price: CNY 55.25 on October 20, 2026 at 3:00 p.m. CST
- Shanghai change: minus 0.38 percent
- Market capitalization: CNY 144.2 billion (as of October 20, 2026)
- 52-week range: CNY 47.53-CNY 69.06 (as of October 20, 2026)
- Sector / Industry: Consumer Cyclical / Auto Parts
Market context: Market report Shanghai Composite.
