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China Tower (HK:0788)
HKEX:0788
Holding HK:0788?
Track your performance easily
See the Price Targets and Ratings of:
0788 Analyst Ratings
Moderate Buy
1 Buy
2 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
0788 Stock 12 Month Forecast
Average Price Target
HK$1.09
▲(12.49% Upside)
| Highest Price TargetHK$1.25 | Average Price TargetHK$1.09 | Lowest Price TargetHK$0.95 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Jefferies
Reiterated
08/08/24
J.P. Morgan
Reiterated
07/17/24
Goldman Sachs
Reiterated
06/11/24
DBS
HK$1.4
Buy
44.33%
Upside
Reiterated
04/28/24
Analysts Are Bullish on Top Communication Services Stocks: China Tower (CHWRF), Alphabet Class A (GOOGL)
HSBC
HK$0.86
Hold
-11.34%
Downside
Reiterated
03/19/24
China Tower Corp Ltd. (788:HK) (CHWRF) PT Raised to HK$0.86 at HSBC, 'margins have been more stable than we forecast'The analyst commented: "Expect steady progression in results, not a step-change. A substantial proportion of China Tower's assets will be fully depreciated between 2024-26. However, the company aims to offset any step-change in financial trends by increasing investment in new-build towers and maintenance, in order to meet network and infrastructure quality goals. Overall towers decreased in 2023, but this was the product of asset consolidation on implementation of the new pricing agreement. Similarly, falling maintenance costs were primarily due to one-off costs in 2022. The company expects capex to trend around RMB30bn over the next few years. Margins have been more stable than we forecast, and this drives the increase in our TP. Hold; lift SOTP TP 4.7%; market value management likely to be gradual."
Nomura
HK$0.86→HK$0.96
Hold
-1.03%
Downside
Reiterated
03/19/24
China Tower Corp Ltd. (788:HK) (CHWRF) PT Raised to HK$0.96 at Nomura/InstinetNomura/Instinet analyst Bing Duan raised the price target on China Tower Corp Ltd. (788:HK) (OTC: CHWRF) to HK$0.96 (from HK$0.86) while maintaining a Neutral rating.
Unknown Analyst
Not Ranked
UBS
HK$0.98→HK$0.8
Hold
-17.53%
Downside
Reiterated
10/23/23
China Tower Corp Ltd. (788:HK) (CHWRF) PT Lowered to HK$0.80 at UBSUBS analyst Sara Wang lowered the price target on China Tower Corp Ltd. (788:HK) (OTC: CHWRF) to HK$0.80 (from HK$0.98) while maintaining a Neutral rating.
―
CMB International Securities
―
Hold
―
Reiterated
08/26/24
We expect China Tower’s legacy business to remain stable with +1% YoY growth in 2024/25E, and DAS/Two Wings businesses to grow double- digit. Besides, mgmt. has decided to increase shareholder returns by announcing an interim dividend (RMB0.0109 in DPS). Maintain HOLD with adj.
Best Analysts Covering China Tower
Which Analyst Should I Follow If I Want to Buy HK:0788 and Sell After:
1 Month
xxx
Success Rate
1/4 ratings generated profit
Average Return
+1.10%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 25.00% of your transactions generating a profit, with an average return of +1.10% per trade.
3 Months
xxx
Success Rate
2/4 ratings generated profit
Average Return
+1.73%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 50.00% of your transactions generating a profit, with an average return of +1.73% per trade.
1 Year
Success Rate
2/4 ratings generated profit
Average Return
-1.80%
reiterated a buy rating last month
Copying Edison Lee's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of -1.80% per trade.
2 Years
xxx
Success Rate
2/4 ratings generated profit
Average Return
-1.80%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 50.00% of your transactions generating a profit, with an average return of -1.80% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
0788 Analyst Recommendation Trends
Rating
Mar 24
Apr 24
Jun 24
Jul 24
Aug 24
Strong Buy
4
4
3
1
1
Buy
0
0
0
0
0
Hold
6
4
5
3
3
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
10
8
8
4
4
Each month's total comprises the sum of three months' worth of ratings.
0788 Financial Forecast
0788 Stock Forecast FAQ
What is HK:0788’s average 12-month price target, according to analysts?
Based on analyst ratings, China Tower’s 12-month average price target is HK$1.09.
What is HK:0788’s upside potential, based on the analysts’ average price target?
China Tower has 12.49% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is China Tower a Buy, Sell or Hold?
China Tower has a consensus rating of Moderate Buy, which is based on 1 buy ratings, 2 hold ratings and 0 sell ratings.
What is China Tower’s share price target?
The average share price target for China Tower is HK$1.09. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is HK$1.25 ,and the lowest forecast is HK$0.95. The average share price target represents 12.49% Increase from the current price of HK$0.97.
The highest analyst share price target is HK$1.25 ,and the lowest forecast is HK$0.95. The average share price target represents 12.49% Increase from the current price of HK$0.97.
What do analysts say about China Tower?
China Tower’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 3 Wall Streets Analysts.
How can I buy shares of China Tower?
To buy shares of HK:0788, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.