03968 Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

0 Analyst Rating

Wall Street analysts forecast 03968 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 03968 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: 0.000

Low

Averages

High

Current: 0.000

Low

Averages

High

Morgan Stanley

upgrade

$61

2025-12-19

Reason

Morgan Stanley

Price Target

$61

2025-12-19

upgrade

Reason

The analyst rating for CM BANK (03968.HK) has been set to Overweight due to an adjustment in the target price from HKD61 to HKD63.4. This update follows the bank's 3Q25 results, which prompted Morgan Stanley to revise its earnings forecast. However, the broker also noted a cut in the Net Interest Margin (NIM) forecast because of a slower-than-expected recovery in NIM after the 3Q25 results. Despite this adjustment, the overall assessment remains positive, indicating potential upside for the stock.

BOCI

maintain

2025-11-03

Reason

BOCI

Price Target

2025-11-03

maintain

Reason

The analyst rating for CM BANK (03968.HK) is maintained at "Buy" due to several positive factors highlighted in the BOCI research report. Despite a slowdown in net profit growth to 1% YoY in 3Q25, the bank's asset quality remains excellent, and the net interest margin is stabilizing. Additionally, BOCI projects that CM BANK's return on average equity (ROAE) will reach 13.2% in 2025, the highest among its peers. As a result, BOCI has raised its target price for CM BANK's H-shares from $54.42 to $56.85, reflecting a favorable outlook for the bank.

HSBC

HSBC Global Research

Buy

maintain

2025-10-30

Reason

HSBC

HSBC Global Research

Price Target

2025-10-30

maintain

Buy

Reason

The analyst rating for CM BANK (03968.HK) was maintained as a Buy by HSBC Global Research due to the bank's strong growth in wealth management-related businesses, which confirmed its fee income franchise in the 3Q25 results. Despite some underperformance in net interest margin (NIM) compared to state-owned enterprises (SOE) banks and a mildly negative year-over-year performance in pre-provision operating profit (PPOP), the overall positive outlook on revenue and net profit growth led to an increase in the target prices for both H-shares and A-shares.

JPMorgan

Overweight

downgrade

2025-10-03

Reason

JPMorgan

Price Target

2025-10-03

downgrade

Overweight

Reason

The analyst rating for China Merchants Bank's H-shares was set at Overweight by JPMorgan, despite a reduction in the target price from HKD61 to HKD60. This rating is likely based on the bank's projected return on equity of 12.9% for 2026 and the implied price-to-book (P/B) ratios of 0.84 times for A-shares and 0.89 times for H-shares, indicating potential value despite recent underperformance compared to the CSI 300 Index and HSI.

Valuation Metrics

The current forward P/E ratio for CM BANK (03968.HK) is 7.92, compared to its 5-year average forward P/E of 7.08. For a more detailed relative valuation and DCF analysis to assess CM BANK 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

7.08

Current PE

7.92

Overvalued PE

9.57

Undervalued PE

4.59

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

2.93

Current PS

0.00

Overvalued PS

3.56

Undervalued PS

2.30

Financials

Annual

Quarterly

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

03968 News & Events

Events Timeline

No data

News

4.5

2025-12-31aastocks

Net Outflow of HKD682.6M in Southbound Trading for ZIJIN MINING

2.0

2025-12-31aastocks

Short Selling Activity Reaches $17.4B, Representing 16.3% of Eligible Securities Turnover by Midday

6.5

2025-12-31aastocks

Nomura and Daiwa's Preferred Hong Kong Stocks (Table)

People Also Watch

Frequently Asked Questions

What is CM BANK (03968) stock price today?

The current price of 03968 is 51.4 USD — it has decreased -1.15 % in the last trading day.

What is CM BANK (03968)'s business?

What is the price predicton of 03968 Stock?

Wall Street analysts forecast 03968 stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for 03968 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.

What is CM BANK (03968)'s revenue for the last quarter?

CM BANK revenue for the last quarter amounts to NaN USD, decreased % YoY.

What is CM BANK (03968)'s earnings per share (EPS) for the last quarter?

CM BANK. EPS for the last quarter amounts to USD, decreased % YoY.

What changes have occurred in the market's expectations for CM BANK (03968)'s fundamentals?

The market is revising No Change the revenue expectations for 03968 for , with the revenue forecasts being adjusted by % over the past three months. During the same period, the stock price has changed by %.

How many employees does CM BANK (03968). have?

CM BANK (03968) has 0 emplpoyees as of January 07 2026.

What is CM BANK (03968) market cap?

Today 03968 has the market capitalization of 0.00 USD.

03968

Overview

Forecast

Valuation

Earnings

03968

Overview

Forecast

Valuation

Earnings

Valuation Metrics

Forward PE

Forward EV/EBITDA

Forward PS

Financials

Trading Trends

03968 News & Events

Events Timeline

No data

News

People Also Watch

Frequently Asked Questions

What is CM BANK (03968) stock price today?

What is CM BANK (03968)'s business?

What is the price predicton of 03968 Stock?

What is CM BANK (03968)'s revenue for the last quarter?

What is CM BANK (03968)'s earnings per share (EPS) for the last quarter?

What changes have occurred in the market's expectations for CM BANK (03968)'s fundamentals?

How many employees does CM BANK (03968). have?

What is CM BANK (03968) market cap?