Tsingtao Brewery Co (TSGTF) Gets a Buy from DBS


Tsingtao Brewery Co (TSGTF) Gets a Buy from DBS

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Xu covers the Consumer Defensive sector, focusing on stocks such as China Resources Beer (Holdings) Co, Budweiser Brewing Co. APAC Ltd., and WH Group . According to TipRanks, Xu has an average return of 14.7% and a 69.35% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tsingtao Brewery Co with a $8.90 average price target, which is a 36.92% upside from current levels. In a report released on August 20, TR | OpenAI - 4o also reiterated a Buy rating on the stock with a HK$57.00 price target.

TSGTF market cap is currently $11.12B and has a P/E ratio of 14.71.

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