U-Ming stock gains as analyst targets turn more constructive
Published on 09/18/2026 at 20:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSU-Ming stock (ISIN TW0002606001) gained attention on September 18, 2026, after MarketScreener showed Jefferies raising its target to HK$518 from HK$445 and keeping a Buy rating, while the consensus target stood at CNY 489.01.
Targets move higher
According to MarketScreener, Jefferies adjusted Busy Ming Group's price target to HK$518 from HK$445 and kept a Buy rating on September 18, 2026. The same page showed an average target price of CNY 489.01, with a high target of CNY 594.96 and a low target of CNY 411.83.
That leaves a spread of 58.21 percent to the average target and 92.48 percent to the high target, a clear sign that broker views still differ on the name.
Taiwan market tone
U-Ming trades in Taipei, and Taiwan shares opened higher on September 18, 2026, with the Taiwan Stock Exchange main index at 46,449.56 points, up 161.56 points on turnover of NT$9.19 billion, according to Focus Taiwan.
The broader Taiwan market backdrop matters for a cyclical shipping name because it frames how investors read broker upgrades and valuation changes.
Stock level and context
The stock closed at CNY 309.09 on September 18, 2026, according to MarketScreener data in the same consensus view, placing it well below the average target of CNY 489.01 and the high target of CNY 594.96.
U-Ming stock at a glance
- Company: U-Ming Marine Transport Corp.
- ISIN: TW0002606001
- Ticker: 2606
- Trading venue: Taiwan Stock Exchange
- Price (as of September 18, 2026): CNY 309.09
- Sector / Industry: Industrials / Marine Transportation
- Index membership: Taiwan stock market
