[ET Net News Agency, 2 April 2025] BOCI raised the target price for Tsingtao Brew
(00168) to HKD58.8 from HKD56.3 and downgraded the rating to "hold" from "buy".
The research house said it is optimistic about the sales volume recovery in the coming
peak season, and looks for 3-year revenue/EBIT CAGR of 1.9%/7.4% from 2024 to 2027. (rc)