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Tsingtao Brewery Co Ltd Class H (HK:0168)
HKEX:0168
RESEARCH TOOLSreports
Tsingtao Brewery Co (0168) Stock Forecast & Price Target
4 Followers
See the Price Targets and Ratings of:
0168 Analyst Ratings
Strong Buy
3 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
0168 Stock 12 Month Forecast
Average Price Target
HK$69.31
▲(36.98% Upside)
| Highest Price TargetHK$77.99 | Average Price TargetHK$69.31 | Lowest Price TargetHK$61.99 |
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
Analyst Performance
Any
Analyst Rating
Any
Upside / Downside
Any
Action
Any
Jefferies
Reiterated
07/15/24
Bernstein
Upgraded
04/29/24
CLSA
Reiterated
04/22/24
Macquarie
HK$48→HK$45
Hold
-11.07%
Downside
Reiterated
03/29/24
Tsingtao Brewery Company Limited (168:HK) (TSGTF) PT Lowered to HK$45 at MacquarieMacquarie analyst Linda Huang lowered the price target on Tsingtao Brewery Company Limited (168:HK) (OTC: TSGTF) to HK$45.00 (from HK$48.00) while maintaining a Neutral rating.
HSBC
HK$70.5
Buy
39.33%
Upside
Reiterated
01/26/24
HSBC Reiterates Buy Rating on Tsingtao Brewery Company Limited (168:HK) (TSGTF)HSBC analyst Katharine Song reiterated a Buy rating and HK$70.50 price target on Tsingtao Brewery Company Limited (168:HK) (OTC: TSGTF).
CMB International Securities
HK$82.1
Buy
62.25%
Upside
Reiterated
10/30/23
Tsingtao Brewery Co's Stock: A Buy Recommendation Based on Robust Financial Performance and Strategic Premiumization
J.P. Morgan
HK$95→HK$93
Buy
83.79%
Upside
Reiterated
10/30/23
Tsingtao Brewery Company Limited (168:HK) (TSGTF) PT Lowered to HK$93 at JPMorganJPMorgan analyst Kevin Yin lowered the price target on Tsingtao Brewery Company Limited (168:HK) (OTC: TSGTF) to HK$93.00 (from HK$95.00) while maintaining a Overweight rating.
Unknown Analyst
Not Ranked
DBS
HK$97.3
Buy
92.29%
Upside
Assigned
01/04/24
We expect overall cost pressure to further soften in FY24 with normalising barley price. Coupled with the ongoing premiumisation, we expect Tsingtao to score >1.7ppt GP margin expansion in FY23/FY24.
Best Analysts Covering Tsingtao Brewery Co
Which Analyst Should I Follow If I Want to Buy HK:0168 and Sell After:
1 Month
xxx
Success Rate
3/6 ratings generated profit
Average Return
+0.43%
reiterated a xxx
rating 3 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 50.00% of your transactions generating a profit, with an average return of +0.43% per trade.
3 Months
xxx
Success Rate
2/6 ratings generated profit
Average Return
-3.70%
reiterated a xxx
rating 3 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 33.33% of your transactions generating a profit, with an average return of -3.70% per trade.
1 Year
2 Years
xxx
Success Rate
1/6 ratings generated profit
Average Return
-6.15%
reiterated a xxx
rating 3 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 16.67% of your transactions generating a profit, with an average return of -6.15% 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.
0168 Analyst Recommendation Trends
Rating
Jan 24
Feb 24
Mar 24
Apr 24
Jul 24
Strong Buy
7
7
6
7
6
Buy
0
0
0
0
0
Hold
0
0
1
1
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
7
7
7
8
7
Each month's total comprises the sum of three months' worth of ratings.
0168 Financial Forecast
0168 Stock Forecast FAQ
What is HK:0168’s average 12-month price target, according to analysts?
Based on analyst ratings, Tsingtao Brewery Co Ltd Class H’s 12-month average price target is HK$69.31.
What is HK:0168’s upside potential, based on the analysts’ average price target?
Tsingtao Brewery Co Ltd Class H has 36.98% 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 Tsingtao Brewery Co Ltd Class H a Buy, Sell or Hold?
Tsingtao Brewery Co Ltd Class H has a consensus rating of Strong Buy, which is based on 3 buy ratings, 0 hold ratings and 0 sell ratings.
What is Tsingtao Brewery Co Ltd Class H’s share price target?
The average share price target for Tsingtao Brewery Co Ltd Class H is HK$69.31. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is HK$77.99 ,and the lowest forecast is HK$61.99. The average share price target represents 36.98% Increase from the current price of HK$50.6.
The highest analyst share price target is HK$77.99 ,and the lowest forecast is HK$61.99. The average share price target represents 36.98% Increase from the current price of HK$50.6.
What do analysts say about Tsingtao Brewery Co Ltd Class H?
Tsingtao Brewery Co Ltd Class H’s analyst rating consensus is a Strong Buy. This is based on the ratings of 3 Wall Streets Analysts.
How can I buy shares of Tsingtao Brewery Co Ltd Class H?
To buy shares of HK:0168, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.