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Techtronic Industries (HK:0669)
HKEX:0669
RESEARCH TOOLSreports
Techtronic Industries (0669) Stock Forecast & Price Target
1 Followers
See the Price Targets and Ratings of:
0669 Analyst Ratings
Strong Buy
5 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
0669 Stock 12 Month Forecast
Average Price Target
HK$120.38
▲(20.38% Upside)
| Highest Price TargetHK$138.00 | Average Price TargetHK$120.38 | Lowest Price TargetHK$103.00 |
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
Nomura
Reiterated
07/10/24
Macquarie
Reiterated
05/27/24
Robert W. Baird
Assigned
05/21/24
Goldman Sachs
Reiterated
05/10/24
CLSA
Reiterated
05/10/24
J.P. Morgan
HK$120→HK$126
Buy
HK$126.00
(26.00% Upside)
Reiterated
04/10/24
Techtronic Industries Co. (669:HK) (TTNDY) PT Raised to HK$126 at JPMorganJPMorgan analyst Karen Li raised the price target on Techtronic Industries Co. (669:HK) (OTC: TTNDY) to HK$126.00 (from HK$120.00) while maintaining a Overweight rating.
HSBC
HK$101→HK$123
Buy
HK$123.00
(23.00% Upside)
Reiterated
04/04/24
Techtronic Industries Co. (669:HK) (TTNDY) PT Raised to HK$123 at HSBCThe analyst commented: 'Retain Buy and raise target price to HKD123 from HKD112: We now value TTI using a target PE multiple for 2025e of 20.9x (1.5 standard deviations above TTI's forward PE average for 2017-19). Previously, we used 1SD above given the improving free cash flow conditions as well as our old forecast of a CAGR for EPS for 2023-25e of 16%, being similar to the CAGR for 2017-19 of 15%. Given that our latest forecasts now imply a CAGR of 20% for 2023-26e, we believe it is now appropriate to use a 1.5SD premium. Together with the higher earnings forecasts, we increase our target price to HKD123 from HKD112, implying 20% upside. We maintain our Buy rating as we see TTI as best positioned to benefit from rising cordless tool penetration.'
Jefferies
HK$90.91
Hold
HK$90.91
(-9.09% Downside)
Reiterated
03/11/24
Jefferies Keeps Their Hold Rating on Techtronic Industries (TTNDF)
Best Analysts Covering Techtronic Industries
Which Analyst Should I Follow If I Want to Buy HK:0669 and Sell After:
1 Month
xxx
Success Rate
4/5 ratings generated profit
Average Return
+7.90%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 80.00% of your transactions generating a profit, with an average return of +7.90% per trade.
3 Months
xxx
Success Rate
5/7 ratings generated profit
Average Return
+2.30%
reiterated a xxx
rating 3 months 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 +2.30% per trade.
1 Year
Success Rate
4/5 ratings generated profit
Average Return
+12.64%
reiterated a buy rating 2 months ago
Copying Justin SL Chan's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +12.64% per trade.
2 Years
xxx
Success Rate
4/5 ratings generated profit
Average Return
+16.46%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 80.00% of your transactions generating a profit, with an average return of +16.46% 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.
0669 Analyst Recommendation Trends
Rating
Feb 24
Mar 24
Apr 24
May 24
Jul 24
Strong Buy
5
10
9
13
8
Buy
0
0
0
0
0
Hold
0
2
2
2
0
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
5
12
11
15
8
Each month's total comprises the sum of three months' worth of ratings.
0669 Financial Forecast
0669 Stock Forecast FAQ
What is HK:0669’s average 12-month price target, according to analysts?
Based on analyst ratings, Techtronic Industries’s 12-month average price target is HK$120.38.
What is HK:0669’s upside potential, based on the analysts’ average price target?
Techtronic Industries has 20.38% 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 Techtronic Industries a Buy, Sell or Hold?
Techtronic Industries has a consensus rating of Strong Buy, which is based on 5 buy ratings, 0 hold ratings and 0 sell ratings.
What is Techtronic Industries’s share price target?
The average share price target for Techtronic Industries is HK$120.38. This is based on 5 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is HK$138.00 ,and the lowest forecast is HK$103.00. The average share price target represents 20.38% Increase from the current price of HK$100.
The highest analyst share price target is HK$138.00 ,and the lowest forecast is HK$103.00. The average share price target represents 20.38% Increase from the current price of HK$100.
What do analysts say about Techtronic Industries?
Techtronic Industries’s analyst rating consensus is a Strong Buy. This is based on the ratings of 5 Wall Streets Analysts.
How can I buy shares of Techtronic Industries?
To buy shares of HK:0669, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.