--- title: "Shanghai Longcheer Technology Co., Ltd. Class H (9611) Receives a Buy from Guotai Haitong" type: "News" locale: "en" url: "https://longbridge.com/en/news/283611925.md" description: "Guotai Haitong has maintained a Buy rating on Shanghai Longcheer Technology Co., Ltd. Class H (9611), setting a price target of HK$40.40. The shares closed at HK$24.82, indicating significant upside potential. The overall analyst consensus suggests a Moderate Buy rating with an average price target of HK$40.40." datetime: "2026-04-22T06:50:44.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283611925.md) - [en](https://longbridge.com/en/news/283611925.md) - [zh-HK](https://longbridge.com/zh-HK/news/283611925.md) --- # Shanghai Longcheer Technology Co., Ltd. Class H (9611) Receives a Buy from Guotai Haitong In a report released on April 20, from Guotai Haitong maintained a Buy rating on Shanghai Longcheer Technology Co., Ltd. Class H, with a price target of HK$40.40. The company’s shares closed yesterday at HK$24.82. ### Claim 30% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shanghai Longcheer Technology Co., Ltd. Class H with a HK$40.40 average price target. ### Related Stocks - [09611.HK](https://longbridge.com/en/quote/09611.HK.md) - [02611.HK](https://longbridge.com/en/quote/02611.HK.md) - [601211.CN](https://longbridge.com/en/quote/601211.CN.md) - [603341.CN](https://longbridge.com/en/quote/603341.CN.md) ## Related News & Research - [Shanghai Longcheer Shareholders Approve All Resolutions at 2025 AGM](https://longbridge.com/en/news/285749907.md) - [The Seed 40: The best women early-stage investors of 2026](https://longbridge.com/en/news/286743171.md) - [Republic Bancorp declares $0.5 Class A dividend, $0.45 Class B dividend](https://longbridge.com/en/news/287110931.md) - [03:40 ETHaier Named the World's Only IoT Ecosystem Brand in Kantar BrandZ Top 100 for Eight Consecutive Years](https://longbridge.com/en/news/286732510.md) - [08:40 ETConnected Nation releases 2025 national impact report, launches interactive digital empowerment dashboard](https://longbridge.com/en/news/286772454.md)