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China Tower (CHWRD)
OTHER OTC:CHWRD
CHWRD Analyst Ratings
Moderate Buy
2 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
CHWRD Stock 12 Month Forecast
Average Price Target
$0.97
▼(-30.71% Downside)
| Highest Price Target$1.75 | Average Price Target$0.97 | Lowest Price Target$0.19 |
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
Detailed List of Analyst Forecasts
Jefferies
Reiterated
03/17/25
Nomura
$0.12→$0.16
Buy
-88.51%
Downside
Upgraded
10/21/24
Nomura/Instinet Upgrades China Tower Corp Ltd. (788:HK) (CHWRF) to BuyNomura/Instinet analyst Bing Duan upgraded China Tower Corp Ltd. (788:HK) (OTC: CHWRF) from Neutral to Buy with a price target of HK$1.25 (from HK$0.96).
Unknown Analyst
Not Ranked
CMB International Securities
$0.12
Hold
-91.27%
Downside
Reiterated
08/26/24
We expect China Tower’s legacy business to remain stable with +1% YoY growth in 2024/25E, and DAS/Two Wings businesses to grow double- digit. Besides, mgmt. has decided to increase shareholder returns by announcing an interim dividend (RMB0.0109 in DPS). Maintain HOLD with adj.
J.P. Morgan
$0.12→$0.14
Hold
-89.89%
Downside
Reiterated
07/17/24
China Tower Corp Ltd. (788:HK) (CHWRF) PT Raised to HK$1.10 at JPMorganJPMorgan analyst Alvin Au raised the price target on China Tower Corp Ltd. (788:HK) (OTC: CHWRF) to HK$1.10 (from HK$0.95) while maintaining a Neutral rating.
Goldman Sachs
$0.14→$0.14
Hold
-90.26%
Downside
Reiterated
06/11/24
China Tower Corp (788.HK) PT Raised to HK$1.06 at Goldman SachsGoldman Sachs analyst Jin Guo raised the price target on China Tower Corp (788.HK) to HK$1.06 (from HK$1.05) while maintaining a Neutral rating.
DBS
$0.18
Buy
-87.13%
Downside
Reiterated
04/28/24
Analysts Are Bullish on Top Communication Services Stocks: China Tower (CHWRF), Alphabet Class A (GOOGL)
HSBC
$0.11
Hold
-92.09%
Downside
Reiterated
03/19/24
China Tower Corp Ltd. (788:HK) (CHWRF) PT Raised to HK$0.86 at HSBC, 'margins have been more stable than we forecast'The analyst commented: "Expect steady progression in results, not a step-change. A substantial proportion of China Tower's assets will be fully depreciated between 2024-26. However, the company aims to offset any step-change in financial trends by increasing investment in new-build towers and maintenance, in order to meet network and infrastructure quality goals. Overall towers decreased in 2023, but this was the product of asset consolidation on implementation of the new pricing agreement. Similarly, falling maintenance costs were primarily due to one-off costs in 2022. The company expects capex to trend around RMB30bn over the next few years. Margins have been more stable than we forecast, and this drives the increase in our TP. Hold; lift SOTP TP 4.7%; market value management likely to be gradual."
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Jefferies
Reiterated
03/17/25
Nomura
$0.12→$0.16
Buy
-88.51%
Downside
Upgraded
10/21/24
Nomura/Instinet Upgrades China Tower Corp Ltd. (788:HK) (CHWRF) to BuyNomura/Instinet analyst Bing Duan upgraded China Tower Corp Ltd. (788:HK) (OTC: CHWRF) from Neutral to Buy with a price target of HK$1.25 (from HK$0.96).
Unknown Analyst
Not Ranked
CMB International Securities
$0.12
Hold
-91.27%
Downside
Reiterated
08/26/24
We expect China Tower’s legacy business to remain stable with +1% YoY growth in 2024/25E, and DAS/Two Wings businesses to grow double- digit. Besides, mgmt. has decided to increase shareholder returns by announcing an interim dividend (RMB0.0109 in DPS). Maintain HOLD with adj.
J.P. Morgan
$0.12→$0.14
Hold
-89.89%
Downside
Reiterated
07/17/24
China Tower Corp Ltd. (788:HK) (CHWRF) PT Raised to HK$1.10 at JPMorganJPMorgan analyst Alvin Au raised the price target on China Tower Corp Ltd. (788:HK) (OTC: CHWRF) to HK$1.10 (from HK$0.95) while maintaining a Neutral rating.
Goldman Sachs
$0.14→$0.14
Hold
-90.26%
Downside
Reiterated
06/11/24
China Tower Corp (788.HK) PT Raised to HK$1.06 at Goldman SachsGoldman Sachs analyst Jin Guo raised the price target on China Tower Corp (788.HK) to HK$1.06 (from HK$1.05) while maintaining a Neutral rating.
DBS
$0.18
Buy
-87.13%
Downside
Reiterated
04/28/24
Analysts Are Bullish on Top Communication Services Stocks: China Tower (CHWRF), Alphabet Class A (GOOGL)
HSBC
$0.11
Hold
-92.09%
Downside
Reiterated
03/19/24
China Tower Corp Ltd. (788:HK) (CHWRF) PT Raised to HK$0.86 at HSBC, 'margins have been more stable than we forecast'The analyst commented: "Expect steady progression in results, not a step-change. A substantial proportion of China Tower's assets will be fully depreciated between 2024-26. However, the company aims to offset any step-change in financial trends by increasing investment in new-build towers and maintenance, in order to meet network and infrastructure quality goals. Overall towers decreased in 2023, but this was the product of asset consolidation on implementation of the new pricing agreement. Similarly, falling maintenance costs were primarily due to one-off costs in 2022. The company expects capex to trend around RMB30bn over the next few years. Margins have been more stable than we forecast, and this drives the increase in our TP. Hold; lift SOTP TP 4.7%; market value management likely to be gradual."
Best Analysts Covering China Tower
Which Analyst Should I Follow If I Want to Buy CHWRD and Sell After:
1 Month
xxx
Success Rate
2/7 ratings generated profit
Average Return
+1.57%
reiterated a xxx
rating 2 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 28.57% of your transactions generating a profit, with an average return of +1.57% per trade.
3 Months
xxx
Success Rate
5/7 ratings generated profit
Average Return
+6.29%
reiterated a xxx
rating 2 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 71.43% of your transactions generating a profit, with an average return of +6.29% per trade.
1 Year
Success Rate
5/7 ratings generated profit
Average Return
+18.16%
reiterated a buy rating 2 days ago
Copying Edison Lee's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +18.16% per trade.
2 Years
xxx
Success Rate
5/7 ratings generated profit
Average Return
+19.70%
reiterated a xxx
rating 2 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 71.43% of your transactions generating a profit, with an average return of +19.70% per trade.
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.
CHWRD Analyst Recommendation Trends
Rating
Aug 24
Oct 24
Dec 24
Feb 25
Mar 25
Strong Buy
0
0
0
0
1
Buy
1
3
3
4
2
Hold
3
2
2
1
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
4
5
5
5
4
Each month's total comprises the sum of three months' worth of ratings.
CHWRD Financial Forecast
CHWRD Stock Forecast FAQ
What is CHWRD’s average 12-month price target, according to analysts?
Based on analyst ratings, China Tower’s 12-month average price target is $0.97.
What is CHWRD’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for CHWRD, 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 CHWRD a Buy, Sell or Hold?
China Tower has a consensus rating of Moderate Buy which is based on 2 buy ratings, 0 hold ratings and 0 sell ratings.
What is China Tower’s price target?
The average price target for China Tower is $0.97. This is based on 2 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $1.75 ,the lowest forecast is $0.19. The average price target represents -30.71% Decrease from the current price of $1.4.
The highest analyst price target is $1.75 ,the lowest forecast is $0.19. The average price target represents -30.71% Decrease from the current price of $1.4.
What do analysts say about China Tower?
China Tower’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 2 Wall Streets Analysts.
How can I buy shares of CHWRD?
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