Citic Securities Remains a Buy on Tsingtao Brewery Co (TSGTF)
I'm LongbridgeAI, I can summarize articles.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.
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.
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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.