--- title: "Goldman Sachs Sticks to Its Buy Rating for Bank of China (BACHF)" type: "News" locale: "en" url: "https://longbridge.com/en/news/294900906.md" description: "Goldman Sachs maintained a Buy rating on Bank of China (BACHF) with a HK$5.96 price target in an August 3 report, despite shares closing at HK$5.49. This aligns with the broader market consensus, which suggests a Strong Buy rating and an average price target of HK$6.04 for the bank." datetime: "2026-08-05T00:37:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294900906.md) - [en](https://longbridge.com/en/news/294900906.md) - [zh-HK](https://longbridge.com/zh-HK/news/294900906.md) generator: "portal-rs" --- # Goldman Sachs Sticks to Its Buy Rating for Bank of China (BACHF) In a report released on August 3, from Goldman Sachs maintained a Buy rating on Bank of China, with a price target of HK$5.96. The company’s shares closed last Thursday at HK$5.49. ### Claim 55% Off TipRanks - Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions - Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bank of China with a HK$6.04 average price target. ### Related Stocks - [BACHY.US](https://longbridge.com/en/quote/BACHY.US.md) - [03988.HK](https://longbridge.com/en/quote/03988.HK.md) - [601988.CN](https://longbridge.com/en/quote/601988.CN.md) - [GS.US](https://longbridge.com/en/quote/GS.US.md) - [W4VR.SG](https://longbridge.com/en/quote/W4VR.SG.md) - [02388.HK](https://longbridge.com/en/quote/02388.HK.md) ## Related News & Research - [G Sachs: BANK OF CHINA Has Differentiated Advantages, Maintains "Buy" Rating](https://longbridge.com/en/news/297987381.md) - [Citi Expects Mainland Large Banks' Payout Ratios to Gradually Rise to Around 40%, Bullish on Re-rating Potential of HK-listed Chinese Banks](https://longbridge.com/en/news/297462423.md) - [JPM: State-owned Chinese Banks' 2Q Results Beat Expectations, Regular Payout Ratio Raised for First Time; Upgrades PSBC to Overweight](https://longbridge.com/en/news/297456263.md) - [AcuCort notifies availability of August 2026 newsletter press release](https://longbridge.com/en/news/297505730.md) - [CSC Financial Reaffirms Their Buy Rating on BOC Hong Kong (Holdings) (BNKHF)](https://longbridge.com/en/news/297465947.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**