---
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)
generator: "portal-rs"
---

# 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.

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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.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**