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Tongcheng Travel Holdings Limited (HK:0780)
HKEX:0780
Holding HK:0780?
Track your performance easily
See the Price Targets and Ratings of:
0780 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
0780 Stock 12 Month Forecast
Average Price Target
HK$23.48
▲(25.16% Upside)
| Highest Price TargetHK$24.00 | Average Price TargetHK$23.48 | Lowest Price TargetHK$22.70 |
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
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Morgan Stanley
Reiterated
10/14/24
Macquarie
Upgraded
10/07/24
Jefferies
Reiterated
10/04/24
CMB International Securities
Assigned
08/21/24
J.P. Morgan
HK$23→HK$19
Buy
1.28%
Upside
Reiterated
08/01/24
Tongcheng Travel Holdings Ltd (780:HK) PT Lowered to HK$19 at JPMorganJPMorgan analyst DS Kim lowered the price target on Tongcheng Travel Holdings Ltd (780:HK) to HK$19.00 (from HK$23.00) while maintaining a Overweight rating.
UBS
HK$24→HK$25
Buy
33.26%
Upside
Reiterated
05/22/24
Tongcheng Travel Holdings Ltd (780:HK) PT Raised to HK$25 at UBSUBS analyst Kenneth Fong raised the price target on Tongcheng Travel Holdings Ltd (780:HK) to HK$25.00 (from HK$24.00) while maintaining a Buy rating.
Goldman Sachs
HK$21.9→HK$24.6
Buy
31.13%
Upside
Reiterated
05/22/24
Tongcheng Travel Holdings Ltd (780:HK) PT Raised to HK$24.60 at Goldman SachsGoldman Sachs analyst Simon Cheung raised the price target on Tongcheng Travel Holdings Ltd (780:HK) to HK$24.60 (from HK$21.90) while maintaining a Buy rating.
HSBC
HK$20
Buy
6.61%
Upside
Reiterated
11/22/23
We model for topline growth to sustain at 19% in 2024e. New initiatives materialising in 2024: Tongcheng has been diversifying its revenue stream by tapping into hotel management services, outbound, and packaged tours. We think these businesses could become a more significant topline contributor to the company from 2024, but profit contribution could lag as the company focuses more on growing its scale. In fact, Tongcheng acquired a 100% stake from Tongcheng Tourism (an offline travel agent with 50% revenue contribution from outbound travel) for a consideration of RMB691m and expects to fully consolidate this in 2024. Hotel management services could also gain traction in 2024, as the management aims to expand coverage to 3,000 hotels in 2024 from 1,200 as of 3Q23.
Unknown Analyst
Not Ranked
DBS
HK$22
Buy
17.27%
Upside
Reiterated
07/31/24
Best Analysts Covering Tongcheng Travel Holdings Limited
Which Analyst Should I Follow If I Want to Buy HK:0780 and Sell After:
1 Month
xxx
Success Rate
4/6 ratings generated profit
Average Return
+1.35%
reiterated a xxx
rating 25 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 66.67% of your transactions generating a profit, with an average return of +1.35% per trade.
3 Months
xxx
Success Rate
4/6 ratings generated profit
Average Return
+10.83%
reiterated a xxx
rating 25 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 66.67% of your transactions generating a profit, with an average return of +10.83% per trade.
1 Year
2 Years
xxx
Success Rate
5/6 ratings generated profit
Average Return
+9.32%
reiterated a xxx
rating 25 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 83.33% of your transactions generating a profit, with an average return of +9.32% 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.
0780 Analyst Recommendation Trends
Rating
May 24
Jun 24
Jul 24
Aug 24
Oct 24
Strong Buy
1
1
3
4
4
Buy
12
9
6
2
5
Hold
1
2
2
2
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
14
12
11
8
10
Each month's total comprises the sum of three months' worth of ratings.
0780 Financial Forecast
0780 Stock Forecast FAQ
What is HK:0780’s average 12-month price target, according to analysts?
Based on analyst ratings, Tongcheng Travel Holdings Limited’s 12-month average price target is HK$23.48.
What is HK:0780’s upside potential, based on the analysts’ average price target?
Tongcheng Travel Holdings Limited has 25.16% 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 Tongcheng Travel Holdings Limited a Buy, Sell or Hold?
Tongcheng Travel Holdings Limited has a consensus rating of Strong Buy, which is based on 4 buy ratings, 0 hold ratings and 0 sell ratings.
What is Tongcheng Travel Holdings Limited’s share price target?
The average share price target for Tongcheng Travel Holdings Limited is HK$23.48. 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$24.00 ,and the lowest forecast is HK$22.70. The average share price target represents 25.16% Increase from the current price of HK$18.76.
The highest analyst share price target is HK$24.00 ,and the lowest forecast is HK$22.70. The average share price target represents 25.16% Increase from the current price of HK$18.76.
What do analysts say about Tongcheng Travel Holdings Limited?
Tongcheng Travel Holdings Limited’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 Tongcheng Travel Holdings Limited?
To buy shares of HK:0780, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.