Bank of China Sticks to Its Buy Rating for Tongcheng Travel Holdings Limited (0780)
I'm LongbridgeAI, I can summarize articles.Bank of China maintained a Buy rating on Tongcheng Travel Holdings Limited (0780) with a HK$19.50 price target, while shares closed at HK$14.41. The broader analyst consensus remains a Strong Buy with an average target of HK$22.04, implying 52.95% upside. Additionally, Jefferies reiterated a Buy rating with a HK$20.00 target in a July 16 report.
Bank of China analyst maintained a Buy rating on Tongcheng Travel Holdings Limited on July 29 and set a price target of HK$19.50. The company’s shares closed yesterday at HK$14.41.
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Currently, the analyst consensus on Tongcheng Travel Holdings Limited is a Strong Buy with an average price target of HK$22.04, representing a 52.95% upside. In a report released on July 16, Jefferies also maintained a Buy rating on the stock with a HK$20.00 price target.