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CK Asset Holdings (HK:1113)
HKEX:1113
CK Asset Holdings (1113) Stock Forecast & Price Target
3 Followers
See the Price Targets and Ratings of:
1113 Analyst Ratings
Moderate Buy
1 Buy
1 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
1113 Stock 12 Month Forecast
Average Price Target
HK$37.24
▲(22.69% Upside)
| Highest Price TargetHK$40.48 | Average Price TargetHK$37.24 | Lowest Price TargetHK$33.98 |
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
07/12/24
Goldman Sachs
Reiterated
05/24/24
J.P. Morgan
HK$34.5→HK$32
Hold
HK$32.00
(5.44% Upside)
Reiterated
04/09/24
CK Asset Holdings (1113:HK) (CHKGF) PT Lowered to HK$32 at JPMorganJPMorgan analyst Karl Chan lowered the price target on CK Asset Holdings (1113:HK) (OTC: CHKGF) to HK$32.00 (from HK$34.50) while maintaining a Neutral rating.
DBS
HK$46.9
Buy
HK$46.90
(54.53% Upside)
Reiterated
03/22/24
Analysts Offer Insights on Real Estate Companies: Longfor Group Holdings (Other OTC: LNGPF) and CK Asset Holdings (Other OTC: CHKGF)
Morgan Stanley
HK$52→HK$40
Hold
HK$40.00
(31.80% Upside)
Downgraded
03/21/24
Morgan Stanley Downgrades CK Asset Holdings (1113:HK) (CHKGF) to EqualweightMorgan Stanley analyst Praveen Choudhary downgraded CK Asset Holdings (1113:HK) (OTC: CHKGF) from Overweight to Equalweight with a price target of HK$40.00 (from HK$52.00).
HSBC
HK$53.1
Buy
HK$53.10
(74.96% Upside)
Initiated
09/22/23
We believe CK Asset Holdings (CKA) is well positioned in a challenging Hong Kong property market, with its defensive qualities underpinned by diversified recurrent income, strong financials (latest net gearing ratio 1.4%), land purchases in Hong Kong, share buybacks, and acquisitions. At a time when most of its peers are focusing on financial discipline due to high interest rates, CKA has leveraged its strong balance sheet to fund acquisitions. Its latest major acquisition is Civitas Social Housing (CSH), a care home provider based in UK. While its earnings are expected to see some weakness in 2023e due to lower property sales, we think earnings will pick up from 2024e onwards; we forecast a 2023-25e net profit CAGR of 11%. Property business – faster asset turnover.
Unknown Analyst
Not Ranked
UBS
HK$40
Hold
HK$40.00
(31.80% Upside)
Reiterated
03/21/24
UBS Reiterates Neutral Rating on CK Asset Holdings (1113:HK) (CHKGF)UBS analyst Mark Leung reiterated a Neutral rating and HK$40.00 price target on CK Asset Holdings (1113:HK) (OTC: CHKGF).
Best Analysts Covering CK Asset Holdings
Which Analyst Should I Follow If I Want to Buy HK:1113 and Sell After:
1 Month
xxx
Success Rate
1/3 ratings generated profit
Average Return
-4.60%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 33.33% of your transactions generating a profit, with an average return of -4.60% per trade.
3 Months
xxx
Success Rate
2/3 ratings generated profit
Average Return
-2.97%
reiterated a xxx
rating 2 months 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 -2.97% per trade.
1 Year
Success Rate
0/3 ratings generated profit
Average Return
-10.27%
reiterated a buy rating 2 months ago
Copying Gurpreet Singh's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -10.27% per trade.
2 Years
xxx
Success Rate
0/3 ratings generated profit
Average Return
-10.27%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 0.00% of your transactions generating a profit, with an average return of -10.27% 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.
1113 Analyst Recommendation Trends
Rating
Mar 24
Apr 24
May 24
Jun 24
Jul 24
Strong Buy
3
2
2
1
1
Buy
0
0
0
0
0
Hold
7
7
6
2
2
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
10
9
8
3
3
Each month's total comprises the sum of three months' worth of ratings.
1113 Financial Forecast
1113 Stock Forecast FAQ
What is HK:1113’s average 12-month price target, according to analysts?
Based on analyst ratings, CK Asset Holdings’s 12-month average price target is HK$37.24.
What is HK:1113’s upside potential, based on the analysts’ average price target?
CK Asset Holdings has 22.69% 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 CK Asset Holdings a Buy, Sell or Hold?
CK Asset Holdings has a consensus rating of Moderate Buy, which is based on 1 buy ratings, 1 hold ratings and 0 sell ratings.
What is CK Asset Holdings’s share price target?
The average share price target for CK Asset Holdings is HK$37.24. This is based on 2 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is HK$40.48 ,and the lowest forecast is HK$33.98. The average share price target represents 22.69% Increase from the current price of HK$30.35.
The highest analyst share price target is HK$40.48 ,and the lowest forecast is HK$33.98. The average share price target represents 22.69% Increase from the current price of HK$30.35.
What do analysts say about CK Asset Holdings?
CK Asset Holdings’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 CK Asset Holdings?
To buy shares of HK:1113, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.