Nine Dragons Paper (Holdings) Limited (HKG:2689)
4.725
+0.110 (2.38%)
Oct 23, 2026, 4:08 PM HKT
HKG:2689 Stock Forecast
Stock Price Forecast
According to 11 analysts polled by S&P Global, HKG:2689 stock has a consensus rating of "Buy" and an average price target of $8.70. The average 1-year stock price forecast is 84.02% higher than the current stock price, while the lowest is $4.93 (+4.25%) and the highest is $11.90 (+151.85%).
Price Target: $8.70 (+84.02%)
Analyst Consensus: Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for HKG:2689 stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 7 | 7 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 10 | 11 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst Citi No rating | Citi | Hold Maintains $8.80 → $5.80 | Hold | Maintains | $8.80 → $5.80 | +22.75% | Oct 7, 2026 |
| Goldman Sachs | Goldman Sachs | Sell Maintains $4.30 → $4.90 | Sell | Maintains | $4.30 → $4.90 | +3.70% | Oct 2, 2026 |
Unknown Analyst Guotai Haitong No rating | Guotai Haitong | Buy Maintains $9.64 → $9.00 | Buy | Maintains | $9.64 → $9.00 | +90.48% | Oct 1, 2026 |
Unknown Analyst CICC No rating | CICC | Buy Maintains $10.00 | Buy | Maintains | $10.00 | +111.64% | Sep 27, 2026 |
Unknown Analyst Huatai Securities No rating | Huatai Securities | Buy Maintains $11.40 | Buy | Maintains | $11.40 | +141.27% | Sep 27, 2026 |
Financial Forecast
Revenue This Year
77.38B
from 75.00B
Increased by 3.17%
Revenue Next Year
79.47B
from 77.38B
Increased by 2.70%
EPS This Year
0.84
from 0.80
Increased by 5.39%
EPS Next Year
0.90
from 0.84
Increased by 7.79%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CNY.