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China Tower (CHWRF)
OTHER OTC:CHWRF
China Tower (CHWRF) Stock Forecast & Price Target
24 Followers
See the Price Targets and Ratings of:
CHWRF Analyst Ratings
Moderate Buy
2 Buy
3 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
CHWRF Stock 12 Month Forecast
Average Price Target
$0.14
▲(23.24% Upside)
| Highest Price Target$0.18 | Average Price Target$0.14 | Lowest Price Target$0.11 |
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
Unknown Analyst
Not Ranked
CMB International Securities
$0.11
Hold
-0.02%
Downside
Reiterated
08/25/23
We tracked a key indicator to estimate China telco’s tower leasing burden (figure 2), which clearly showed a declining trend. Therefore, we expect the tower sales will decline low single-digit (2.4%/3.6% YoY) in 2023/24E, factoring in the new pricing discount. DAS and Two Wings business (smart tower business and energy operations) may grow at double- digit. However, we think these segments do not have a meaningful impact on total revenue. Overall sales of the Company is likely to be flat (2.1%/1.9% YoY for 2023/24E). Company’s free cash flow under temporary pressure due to new pricing agreements with China telcos and heavier capex. Free cash flow plunged by more than 105% in 1H23 to RMB-1.27bn as the Company’s accounts receivable surged by more than 50% in 1H23 compared to FY22.
Unknown Analyst
Not Ranked
UBS
$0.10
Hold
-10.13%
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.
Best Analysts Covering China Tower
Which Analyst Should I Follow If I Want to Buy CHWRF and Sell After:
1 Month
3 Months
1 Year
Success Rate
2/3 ratings generated profit
Average Return
+9.37%
assigned a buy rating 30 days ago
Copying Edison Lee's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +9.37% per trade.
2 Years
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.
CHWRF Analyst Recommendation Trends
Rating
Aug 23
Oct 23
Feb 24
Mar 24
Apr 24
Strong Buy
0
1
2
4
3
Buy
0
0
0
0
0
Hold
3
5
4
6
4
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
3
6
6
10
7
Each month's total comprises the sum of three months' worth of ratings.
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CHWRF Financial Forecast
CHWRF Stock Forecast FAQ
What is CHWRF’s average 12-month price target, according to analysts?
Based on analyst ratings, China Tower’s 12-month average price target is $0.14.
What is CHWRF’s upside potential, based on the analysts’ average price target?
China Tower has 23.24% 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 CHWRF a Buy, Sell or Hold?
China Tower has a conensus rating of Moderate Buy which is based on 2 buy ratings, 3 hold ratings and 0 sell ratings.
What is China Tower’s price target?
The average price target for China Tower is $0.14. This is based on 5 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $0.18 ,the lowest forecast is $0.11. The average price target represents 23.24% Increase from the current price of $0.114.
The highest analyst price target is $0.18 ,the lowest forecast is $0.11. The average price target represents 23.24% Increase from the current price of $0.114.
What do analysts say about China Tower?
China Tower’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 5 Wall Streets Analysts.
How can I buy shares of CHWRF?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.