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Horizon Construction Development Limited (HK:9930)
:9930
Holding HK:9930?
Track your performance easily
See the Price Targets and Ratings of:
9930 Analyst Ratings
Moderate Buy
1 Buy
0 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
9930 Stock 12 Month Forecast
Average Price Target
―| Highest Price Target― | Average Price Target― | Lowest Price Target― |
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
CMB International Securities
HK$3.6
Buy
170.68%
Upside
Reiterated
08/09/24
We therefore forecast the net debt/equity ratio to rebound in 2024E. We revise down our 2024E/25E/26E earnings forecast by 2%/10%/12%, largely due to higher finance expense projections. We slightly cut our TP to HK$3.6 from HK$3.7, based on unchanged 10x 2024E P/E. Trading at <4x 2024E P/E, we think the downside risk is limited. Key highlights in 1H24 results: Revenue grew 16% YoY to RMB4.9bn. Gross margin contracted 2.1ppt YoY to 32%, as the 6.3ppt margin expansion of engineering service segment was offset by the contraction of operating lease (-2.5ppt) and asset management segment (-5.3ppt). Selling & distribution expense ratio increased 2.5ppt YoY to 5.4%. The net expected credit loss (ECL) ratio slightly dropped 0.5ppt YoY to 3.5%.
Best Analysts Covering Horizon Construction Development Limited
Which Analyst Should I Follow If I Want to Buy HK:9930 and Sell After:
1 Month
xxx
Success Rate
4/6 ratings generated profit
Average Return
+0.40%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 66.67% of your transactions generating a profit, with an average return of +0.40% per trade.
3 Months
xxx
Success Rate
3/6 ratings generated profit
Average Return
-1.40%
reiterated a xxx
rating 3 months ago
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 -1.40% per trade.
1 Year
2 Years
xxx
Success Rate
0/6 ratings generated profit
Average Return
-22.83%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 0.00% of your transactions generating a profit, with an average return of -22.83% 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.
9930 Analyst Recommendation Trends
Rating
Mar 24
Apr 24
Jul 24
Aug 24
Oct 24
Strong Buy
3
3
3
4
3
Buy
1
0
0
0
1
Hold
0
0
0
0
0
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
4
3
3
4
4
Each month's total comprises the sum of three months' worth of ratings.
9930 Financial Forecast
9930 Stock Forecast FAQ
What is HK:9930’s average 12-month price target, according to analysts?
Currently, no data Available
What is HK:9930’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for HK:9930, 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 Horizon Construction Development Limited a Buy, Sell or Hold?
Horizon Construction Development Limited has a consensus rating of Moderate Buy, which is based on 1 buy ratings, 0 hold ratings and 0 sell ratings.
What is Horizon Construction Development Limited’s share price target?
Currently, no data Available
What do analysts say about Horizon Construction Development Limited?
Horizon Construction Development Limited’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 1 Wall Streets Analysts.
How can I buy shares of Horizon Construction Development Limited?
To buy shares of HK:9930, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.