Ningxia Baofeng Energy Group Co., Ltd. (SHA:600989)
21.24
-0.26 (-1.21%)
Nov 6, 2026, 3:00 PM CST
SHA:600989 Stock Forecast
Stock Price Forecast
According to 9 analysts polled by S&P Global, SHA:600989 stock has a consensus rating of "Strong Buy" and an average price target of ¥35.44. The average 1-year stock price forecast is 66.85% higher than the current stock price, while the lowest is ¥27.50 (+29.47%) and the highest is ¥40.00 (+88.32%).
Price Target: ¥35.44 (+66.85%)
Analyst Consensus: Strong Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for SHA:600989 stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 6 | 6 | 7 | 7 | 8 |
| Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 7 | 7 | 8 | 8 | 9 |
Financial Forecast
Revenue This Year
62.37B
from 48.04B
Increased by 29.83%
Revenue Next Year
63.60B
from 62.37B
Increased by 1.98%
EPS This Year
2.60
from 1.58
Increased by 64.50%
EPS Next Year
2.52
from 2.60
Decreased by -3.01%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CNY.