China Meidong Auto Holdings (HKEX:1268) Price Target Decreased by 15.79% to 17.17

The average one-year price target for China Meidong Auto Holdings (HKEX:1268) has been revised to 17.17 / share. This is an decrease of 15.79% from the prior estimate of 20.39 dated July 5, 2023.
The price target is an average of many targets provided by analysts. The latest targets range from a low of 10.10 to a high of 24.15 / share. The average price target represents an increase of 96.90% from the latest reported closing price of 8.72 / share.
What is the Fund Sentiment?
There are 95 funds or institutions reporting positions in China Meidong Auto Holdings. This is an increase of 3 owner(s) or 3.26% in the last quarter. Average portfolio weight of all funds dedicated to 1268 is 0.14%, an increase of 10.48%. Total shares owned by institutions decreased in the last three months by 4.12% to 62,254K shares.
What are Other Shareholders Doing?

EMGAX - Wells Fargo Emerging Markets Equity Fund holds 12,373K shares representing 0.92% ownership of the company. No change in the last quarter.
VEIEX - Vanguard Emerging Markets Stock Index Fund Investor Shares holds 6,421K shares representing 0.48% ownership of the company. In it's prior filing, the firm reported owning 6,165K shares, representing an increase of 3.99%. The firm decreased its portfolio allocation in 1268 by 32.29% over the last quarter.
VGTSX - Vanguard Total International Stock Index Fund Investor Shares holds 6,211K shares representing 0.46% ownership of the company. In it's prior filing, the firm reported owning 5,845K shares, representing an increase of 5.89%. The firm decreased its portfolio allocation in 1268 by 33.45% over the last quarter.
IEMG - iShares Core MSCI Emerging Markets ETF holds 5,786K shares representing 0.43% ownership of the company. No change in the last quarter.
MELIX - Emerging Markets Leaders Portfolio Class I holds 3,764K shares representing 0.28% ownership of the company.