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China Resources Gas Group Limited (HK:1193)
HKEX:1193
China Resources Gas Group (1193) Stock Forecast & Price Target
0 Followers
See the Price Targets and Ratings of:
1193 Analyst Ratings
Moderate Buy
1 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
1193 Stock 12 Month Forecast
Average Price Target
HK$32.01
▲(14.93% Upside)
| Highest Price TargetHK$32.00 | Average Price TargetHK$32.01 | Lowest Price TargetHK$32.00 |
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
J.P. Morgan
Upgraded
05/30/24
DBS
HK$24
Hold
HK$24.00
(-13.82% Downside)
Reiterated
04/02/24
China Resources Gas Group: A Hold Rating Amid Financial Challenges and Market Headwinds
HSBC
HK$26→HK$24
Hold
HK$24.00
(-13.82% Downside)
Reiterated
03/30/24
China Resources Gas Group Ltd. (1193:HK) (CRGGF) PT Lowered to HK$24 at HSBCHSBC analyst Evan Li lowered the price target on China Resources Gas Group Ltd. (1193:HK) (OTC: CRGGF) to HK$24.00 (from HK$26.00) while maintaining a Hold rating.
Morgan Stanley
HK$27
Buy
HK$27.00
(-3.05% Downside)
Reiterated
03/30/24
Morgan Stanley Reiterates Overweight Rating on China Resources Gas Group Ltd. (1193:HK) (CRGGF)Morgan Stanley analyst Albert Li reiterated an Overweight rating and HK$27.00 price target on China Resources Gas Group Ltd. (1193:HK) (OTC: CRGGF).
Unknown Analyst
Not Ranked
CMB International Securities
HK$35.48
Buy
HK$35.48
(27.40% Upside)
Reiterated
09/21/23
We regard CRG can reach the target of gas sales growth of 8% YoY and a dollar margin of RMB0.5/cbm. Additionally, the strategic partnership with CNPC will strengthen gas supply and the solid comprehensive service business growth will support CRG’s better performance. We maintained our assumption and our TP of HK$35.48. Reiterate BUY.
Unknown Analyst
Not Ranked
Bank of America Securities
HK$25
Buy
HK$25.00
(-10.23% Downside)
Reiterated
12/28/23
BofA Securities Reiterates Buy Rating on China Resources Gas Group Ltd. (1193:HK) (CRGGF)BofA Securities analyst Cissy Guan reiterated a Buy rating and HK$25.00 price target on China Resources Gas Group Ltd. (1193:HK) (OTC: CRGGF).
Best Analysts Covering China Resources Gas Group
Which Analyst Should I Follow If I Want to Buy HK:1193 and Sell After:
1 Month
xxx
Success Rate
1/2 ratings generated profit
Average Return
+1.45%
upgraded a xxx
rating 2 months 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 +1.45% per trade.
3 Months
xxx
Success Rate
1/2 ratings generated profit
Average Return
+4.40%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 50.00% of your transactions generating a profit, with an average return of +4.40% per trade.
1 Year
Success Rate
2/2 ratings generated profit
Average Return
+7.75%
reiterated a buy rating 4 months ago
Copying Albert Li, CFA's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +7.75% per trade.
2 Years
xxx
Success Rate
2/2 ratings generated profit
Average Return
+7.75%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +7.75% 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.
1193 Analyst Recommendation Trends
Rating
Oct 23
Dec 23
Feb 24
Apr 24
May 24
Strong Buy
3
4
4
3
2
Buy
0
0
0
0
0
Hold
0
0
0
2
2
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
3
4
4
5
4
Each month's total comprises the sum of three months' worth of ratings.
1193 Financial Forecast
1193 Stock Forecast FAQ
What is HK:1193’s average 12-month price target, according to analysts?
Based on analyst ratings, China Resources Gas Group Limited’s 12-month average price target is HK$32.01.
What is HK:1193’s upside potential, based on the analysts’ average price target?
China Resources Gas Group Limited has 14.93% 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 China Resources Gas Group Limited a Buy, Sell or Hold?
China Resources Gas Group Limited has a consensus rating of Moderate Buy, which is based on 1 buy ratings, 0 hold ratings and 0 sell ratings.
What is China Resources Gas Group Limited’s share price target?
The average share price target for China Resources Gas Group Limited is HK$32.01. This is based on 1 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is HK$32.00 ,and the lowest forecast is HK$32.00. The average share price target represents 14.93% Increase from the current price of HK$27.85.
The highest analyst share price target is HK$32.00 ,and the lowest forecast is HK$32.00. The average share price target represents 14.93% Increase from the current price of HK$27.85.
What do analysts say about China Resources Gas Group Limited?
China Resources Gas Group Limited’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 1 Wall Streets Analysts.
How can I buy shares of China Resources Gas Group Limited?
To buy shares of HK:1193, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.