Analyst Price Target is $0.00
▼ -100.00% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Meituan in the last 3 months. The average price target is $0.00, with a high forecast of $0.00 and a low forecast of $10,000,000.00. The average price target represents a -100.00% upside from the last price of $34.38.
Current Consensus is
The current consensus among 2 polled investment analysts is to buy stock in Meituan. This rating has held steady since January 2021, when it changed from a Hold consensus rating.
Meituan, an investment holding company, provides an e-commerce platform that uses technology to connect consumers and merchants. It operates through Food Delivery; In-store, Hotel & Travel; and New Initiatives and Others segments. The Food Delivery segment offers food ordering and delivery service through its platform. The In-Store, Hotel & Travel segment enables merchants to sell vouchers, coupons, tickets, and reservations through the company's platform. The New Initiatives and Others segment offers restaurant management system, supply chain, Meituan Instashopping, integrated payment, micro loan, local transportation, non-food delivery, and other products and services, as well as pilot car-hailing and bike-sharing services. The company also offers multimedia information technology, cloud computing, merchant information advisory, online payment, and marketing services. The company was formerly known as Meituan Dianping and changed its name to Meituan in October 2020. Meituan was founded in 2003 and is headquartered in Beijing, China.