Broker Recommendations and Target Prices for China Construction Bank (0939.HK) - November 2021

Touzibozhu
Broker Recommendations and Target Prices China Banks China Construction Bank China H-Shares China Stocks

Introduction

China Construction Bank (CCB) is one of the big four State-owned Banks and its H-shares, trading on the Hong Kong Stock Exchange, currently offer some of the best values in the market. An earlier article on CCB provided an estimate of the Intrinsic Value, Margin of Safety and Return on Investment for the H-shares based on the Dividend Discount Model. This article summarizes the latest Broker Recommendations and Target Prices for CCB, courtesy of AAstocks.com.

Summary Table of Broker Recommendations and Target Prices for CCB H-share (0939.HK)

BrokersRatingsTarget Prices (HK$)
CitigroupBuy9.13
HSBC Global ResearchBuy8.8
Morgan StanleyOverweight8.8
CICCOutperform8.52
JP MorganOverweight8.2
NomuraBuy7.74
Bank of America SecuritiesBuy7.7
UBSBuy6.7
Summary Table of Broker Recommendations and Target Prices for CCB H-share (0939.HK)

Average of the Broker target prices for the H-share of China Construction Bank and Potential Upside

The average of the target prices from all the different brokers = 8.199HK$ per share. On 8th November, the H-shares of CCB closed at 5.26HK$, offering a potential upside of 55.9%.

Disclaimer:

This article is a record of the thinking behind a personal investment decision. It does not represent any recommendation to purchase any stock mentioned in the article. As always, readers are strongly advised to do their own due diligence before making any investment decisions.