---
title: "Citic Securities Remains a Buy on Tsingtao Brewery Co (TSGTF)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284854020.md"
description: "Citic Securities has reaffirmed a Buy rating for Tsingtao Brewery Co (TSGTF) as of April 29, setting a price target of HK$60.00, while the shares closed at HK$54.00. The overall analyst consensus is a Strong Buy with an average price target of HK$62.70, indicating a potential upside of 16.10%. Additionally, DBS also maintains a Buy rating with a price target of HK$65.00."
datetime: "2026-05-01T00:35:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284854020.md)
  - [en](https://longbridge.com/en/news/284854020.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284854020.md)
---

# Citic Securities Remains a Buy on Tsingtao Brewery Co (TSGTF)

Citic Securities analyst maintained a Buy rating on Tsingtao Brewery Co on April 29 and set a price target of HK$60.00. The company’s shares closed yesterday at HK$54.00.

### Claim 55% 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 Strong Buy analyst consensus rating for Tsingtao Brewery Co with a HK$62.70 average price target, which is a 16.10% upside from current levels. In a report released on April 29, DBS also maintained a Buy rating on the stock with a HK$65.00 price target.

### Related Stocks

- [00168.HK](https://longbridge.com/en/quote/00168.HK.md)
- [600600.CN](https://longbridge.com/en/quote/600600.CN.md)
- [600030.CN](https://longbridge.com/en/quote/600030.CN.md)
- [06030.HK](https://longbridge.com/en/quote/06030.HK.md)
- [D05.SG](https://longbridge.com/en/quote/D05.SG.md)

## Related News & Research

- [Bernstein Remains a Buy on Tsingtao Brewery Co (TSGTF)](https://longbridge.com/en/news/282992956.md)
- [One of America’s oldest beer brands discontinued after 177 years in US](https://longbridge.com/en/news/286978688.md)
- [Shenzhen Investment Boosts Traffic and Sales as Flagship Projects Win Top Honors](https://longbridge.com/en/news/286715364.md)
- [Jefferies Reaffirms Their Buy Rating on Devon Energy (DVN)](https://longbridge.com/en/news/286728558.md)
- [Stifel Nicolaus Sticks to Their Buy Rating for Target Hospitality (TH)](https://longbridge.com/en/news/286494923.md)