---
title: "Alibaba Group Holding Ltd. (9988) Gets a Buy from CGS International"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286640750.md"
description: "CGS International analyst Lei Yang maintained a Buy rating on Alibaba Group Holding Ltd. (9988) with a price target of HK$204.00, while shares closed at HK$132.30. The average analyst consensus suggests a Strong Buy with a target of HK$185.53, indicating a 40.23% upside. DBS also reiterated a Buy rating with a target of HK$202.00."
datetime: "2026-05-16T09:05:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286640750.md)
  - [en](https://longbridge.com/en/news/286640750.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286640750.md)
---

# Alibaba Group Holding Ltd. (9988) Gets a Buy from CGS International

In a report released yesterday, Lei Yang CFA from CGS International maintained a Buy rating on Alibaba Group Holding Ltd., with a price target of HK$204.00. The company’s shares closed yesterday at HK$132.30.

### Claim 55% Off TipRanks

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

According to TipRanks, Yang CFA is a 3-star analyst with an average return of 5.7% and a 47.37% success rate. Yang CFA covers the Consumer Cyclical sector, focusing on stocks such as Alibaba Group Holding Ltd., Meituan, and Trip.com Group Ltd..

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Alibaba Group Holding Ltd. with a HK$185.53 average price target, implying a 40.23% upside from current levels. In a report released on May 14, DBS also maintained a Buy rating on the stock with a HK$202.00 price target.

### Related Stocks

- [09988.HK](https://longbridge.com/en/quote/09988.HK.md)
- [BABA.US](https://longbridge.com/en/quote/BABA.US.md)
- [KBAB.US](https://longbridge.com/en/quote/KBAB.US.md)
- [BABX.US](https://longbridge.com/en/quote/BABX.US.md)
- [BABO.US](https://longbridge.com/en/quote/BABO.US.md)

## Related News & Research

- [Benjamin Edwards Inc. Has $1.61 Million Stock Holdings in Alibaba Group Holding Limited $BABA](https://longbridge.com/en/news/285501934.md)
- [Alibaba's Quarterly Profitability Still Under Pressure](https://longbridge.com/en/news/286243675.md)
- [Sea (SE) Gets a Buy from CGS International](https://longbridge.com/en/news/286291496.md)
- [Golden Web3.0 Daily Report | TON Launches Acton, a Unified Smart Contract Toolchain](https://longbridge.com/en/news/286115692.md)
- [DeepSeek's Liang Wenfeng: We don't want Alibaba's money; we'll contribute 20 billion ourselves.](https://longbridge.com/en/news/285810413.md)