Optimistic Outlook for Chinese Construction Machinery: UBS has a more positive forecast for the Chinese construction machinery industry, predicting the current upward cycle will last until 2029, contrary to market expectations of a peak by 2028-29.
Mining Sector Growth Potential: The report highlights that the growth potential of mining-related businesses in the industry is not yet reflected in stock performance, with Chinese manufacturers expected to capture over 20% of the global market share in mining trucks and excavators by 2030.
Stock Ratings and Forecasts: UBS has assigned a Neutral rating to ZOOMLION and LONKING, while raising their EPS growth forecasts for 2025-26 to 49%/27% and 21%/17%, respectively, and increasing target prices for both companies.
Top Pick Recommendation: XUGONG CONS has been named the industry top pick with a Buy rating due to its strong growth, higher mining-related business proportion, and attractive valuation.
Wall Street analysts forecast 01157 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 01157 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast 01157 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 01157 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 8.360
Low
Averages
High
Current: 8.360
Low
Averages
High
Citi
Neutral
to
Buy
upgrade
2026-01-05
Reason
Citi
Price Target
AI Analysis
2026-01-05
upgrade
Neutral
to
Buy
Reason
Citi upgraded ZOOMLION's rating from Neutral to Buy and raised its target price by 59% due to a more optimistic outlook on the company's "mid-to-late cycle" products, such as crane machinery and concrete machinery. The analyst believes that ZOOMLION's stock will benefit from two key factors: the proposed issuance of convertible bonds with a conversion price of HKD9.75 and a collaboration with SF HOLDING to develop the humanoid robot business.
Citi
maintain
$105
2025-12-17
Reason
Citi
Price Target
$105
2025-12-17
maintain
Reason
The analyst ratings in the article are based on several factors:
1. Strong Demand for Crawler Cranes: The significant year-over-year increase in shipments of crawler cranes (up 102% YoY) indicates robust demand, particularly driven by equipment replacement needs and growth in renewable energy sectors like wind power. This strong demand supports a positive outlook for companies involved in manufacturing these machines.
2. Market Competition: The decline in market share of the top four large excavator manufacturers suggests increasing competition among Chinese machinery manufacturers. This could impact pricing and profitability, influencing the ratings assigned to different companies.
3. Company-Specific Performance: The ratings reflect the analysts' assessments of individual companies' performance and market positioning within the construction machinery sector. For instance, JSHL, SANY HEAVY IND, and SANY HEAVY INDUS are rated as "Buy," indicating confidence in their growth potential, while ZOOMLION is rated "Neutral," and CONS MACHINERY is rated "Sell," reflecting less favorable outlooks.
Overall, the ratings are influenced by market demand trends, competitive dynamics, and individual company performance within the construction machinery industry.
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CMBI
maintain
2025-12-02
Reason
CMBI
Price Target
2025-12-02
maintain
Reason
The analyst rating for ZOOMLION was reiterated as "Buy" due to several factors: the company is expected to fully benefit from the early recovery in the crane machinery sector and the ongoing upward cycle in the earthmoving machinery sector. Additionally, ZOOMLION's comprehensive product lineup, focus on emerging markets, and global capacity expansion contribute to the positive outlook. As a result, the target price was elevated from HKD 7.4 to HKD 9.2.
UBS
UBS
Neutral
maintain
2025-11-17
Reason
UBS
UBS
Price Target
2025-11-17
maintain
Neutral
Reason
The analyst rating from UBS is based on a more optimistic outlook for the Chinese construction machinery industry, which is expected to experience an upward cycle that will last until 2029, contrary to the market consensus of 2028-29. UBS believes that the growth potential and strong earnings resilience of companies' mining-related businesses have not yet been fully reflected in their stock performance. They have raised their earnings per share (EPS) growth forecasts for ZOOMLION and LONKING, indicating confidence in their future performance. However, they assigned a Neutral rating to ZOOMLION and LONKING, likely reflecting a cautious approach despite the positive outlook. In contrast, they gave a Buy rating to XUGONG CONS, highlighting its higher proportion of mining-related business, strong growth, and attractive valuation.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
