---
title: "J.P. Morgan Reaffirms Their Hold Rating on Meituan (MPNGF)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282408172.md"
description: "J.P. Morgan analyst Alex Yao has reaffirmed a Hold rating on Meituan (MPNGF) with a price target of HK$85.00, while the stock closed at HK$88.00. The broader analyst consensus for Meituan is a Strong Buy, with an average price target of HK$114.43. Yao has an average return of 4.8% and a success rate of 45.32% on his stock recommendations."
datetime: "2026-04-11T06:27:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282408172.md)
  - [en](https://longbridge.com/en/news/282408172.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282408172.md)
---

# J.P. Morgan Reaffirms Their Hold Rating on Meituan (MPNGF)

In a report released on April 9, Alex Yao from J.P. Morgan maintained a Hold rating on Meituan, with a price target of HK$85.00. The company’s shares closed last Thursday at HK$88.00.

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Yao covers the Communication Services sector, focusing on stocks such as Tencent Music Entertainment Group, AutoHome, and Autohome Inc Class A. According to TipRanks, Yao has an average return of 4.8% and a 45.32% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Meituan with a HK$114.43 average price target.

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