Ningxia Baofeng Energy Group Co., Ltd. (SHA:600989)
23.38
-0.91 (-3.75%)
Jul 24, 2026, 3:00 PM CST
SHA:600989 Stock Forecast
Stock Price Forecast
According to 8 analysts polled by S&P Global, SHA:600989 stock has a consensus rating of "Strong Buy" and an average price target of ¥34.77. The average 1-year stock price forecast is 48.72% higher than the current stock price, while the lowest is ¥27.50 (+17.62%) and the highest is ¥38.67 (+65.40%).
Price Target: ¥34.77 (+48.72%)
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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 10 | 10 | 7 | 6 | 7 |
| Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 10 | 10 | 8 | 7 | 8 |
Financial Forecast
Revenue This Year
59.95B
from 48.04B
Increased by 24.80%
Revenue Next Year
63.10B
from 59.95B
Increased by 5.26%
EPS This Year
2.28
from 1.58
Increased by 43.99%
EPS Next Year
2.45
from 2.28
Increased by 7.69%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CNY.