Glonghui, April 8 | Goldman Sachs released a report raising Tsingtao Brewery's earnings forecast for this year to 2026 by 1% to 3% to reflect that last year's performance was better than expected, and the increase in average selling price drove an improvement in gross margin. It is estimated that this year's sales and net profit increased by 2.5% and 16% respectively. Its target price for H shares was raised from HK$71.3 to HK$73.7, with a rating of “buy”.
大行评级｜高盛：上调青岛啤酒目标价至73.7港元 评级“买入”
Big Bank Rating | Goldman Sachs: Raising Tsingtao Brewery's Target Price to HK$73.7 for “Buy”
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