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China Telecom Corp Ltd Class H (HK:0728)
HKEX:0728
China Telecom (0728) Stock Forecast & Price Target
3 Followers
See the Price Targets and Ratings of:
0728 Analyst Ratings
Strong Buy
4 Buy
0 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
0728 Stock 12 Month Forecast
Average Price Target
HK$5.32
▲(12.27% Upside)
| Highest Price TargetHK$6.16 | Average Price TargetHK$5.32 | Lowest Price TargetHK$4.84 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Goldman Sachs
Reiterated
06/11/24
J.P. Morgan
HK$5→HK$4.8
Buy
1.27%
Upside
Reiterated
04/05/24
China Telecom (728:HK) (CHA) PT Lowered to HK$4.80 at JPMorganJPMorgan analyst Alvin Au lowered the price target on China Telecom (728:HK) (NYSE: CHA) to HK$4.80 (from HK$5.00) while maintaining a Overweight rating.
Nomura
HK$5→HK$5.1
Buy
7.59%
Upside
Reiterated
03/28/24
China Telecom (728:HK) (CHA) PT Raised to HK$5.10 at Nomura/InstinetNomura/Instinet analyst Bing Duan raised the price target on China Telecom (728:HK) (NYSE: CHA) to HK$5.10 (from HK$5.00) while maintaining a Buy rating.
Jefferies
HK$5.33
Buy
12.45%
Upside
Reiterated
03/26/24
We believe CM is the only telco that still guides for a YoY increase (22%) in "computability" capex in 2024, but that is mainly because its 2023 actual is 13% below budget (pushout). We believe that implies telcos' cloud rev growth in 2024 will slow further, and could be negative for Chinese server makers such as Inspur and ZTE. CT guided (we agree) that its 2024 capex/sales would fall below 20%, and it would continue to fall in the next few years.
Best Analysts Covering China Telecom
Which Analyst Should I Follow If I Want to Buy HK:0728 and Sell After:
1 Month
3 Months
1 Year
Success Rate
3/3 ratings generated profit
Average Return
+27.40%
reiterated a buy rating 3 months ago
Copying Edison Lee's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +27.40% per trade.
2 Years
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
0728 Analyst Recommendation Trends
Rating
Jan 24
Feb 24
Mar 24
Apr 24
Jun 24
Strong Buy
8
7
10
9
9
Buy
0
0
0
0
0
Hold
0
0
0
0
0
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
8
7
10
9
9
Each month's total comprises the sum of three months' worth of ratings.
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0728 Financial Forecast
0728 Stock Forecast FAQ
What is HK:0728’s average 12-month price target, according to analysts?
Based on analyst ratings, China Telecom Corp Ltd Class H’s 12-month average price target is HK$5.32.
What is HK:0728’s upside potential, based on the analysts’ average price target?
China Telecom Corp Ltd Class H has 12.27% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is China Telecom Corp Ltd Class H a Buy, Sell or Hold?
China Telecom Corp Ltd Class H has a consensus rating of Strong Buy, which is based on 4 buy ratings, 0 hold ratings and 0 sell ratings.
What is China Telecom Corp Ltd Class H’s share price target?
The average share price target for China Telecom Corp Ltd Class H is HK$5.32. This is based on 4 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is HK$6.16 ,and the lowest forecast is HK$4.84. The average share price target represents 12.27% Increase from the current price of HK$4.74.
The highest analyst share price target is HK$6.16 ,and the lowest forecast is HK$4.84. The average share price target represents 12.27% Increase from the current price of HK$4.74.
What do analysts say about China Telecom Corp Ltd Class H?
China Telecom Corp Ltd Class H’s analyst rating consensus is a Strong Buy. This is based on the ratings of 4 Wall Streets Analysts.
How can I buy shares of China Telecom Corp Ltd Class H?
To buy shares of HK:0728, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.