Goldman Sachs Sticks to Its Buy Rating for Bank of China (BACHF)
I'm LongbridgeAI, I can summarize articles.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.
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.