Goldman Sachs cuts Tsingtao Brewery stock target to HKD 43.00

Published on 10/15/2026 at 21:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are scheduled for October 28, 2026. Tsingtao Brewery stock costs EUR 4.75 on October 15, 2026, up 0.06 percent on Shanghai from CNY 52.19.

Analyst target and reporting date

On September 17, 2026, Goldman Sachs reduced its Tsingtao Brewery target from HKD 54.00 to HKD 43.00.
Tsingtao Brewery will review unaudited third-quarter results at a board meeting on October 28, 2026.
Tsingtao Brewery stock costs EUR 4.75 at Lang & Schwarz on October 15, 2026 at 9:38 p.m. CEST; Shanghai trading ended at CNY 52.22, up 0.06 percent from CNY 52.19.
Tsingtao Brewery traded at a P/E ratio of 15.50 and a market capitalization of CNY 71.2 billion on October 15, 2026.

Tsingtao Brewery, CNE1000004K1, Illustration mit AI erstellt.

Goldman Sachs cut its target for Tsingtao Brewery from HKD 54.00 to HKD 43.00 on September 17, 2026, according to Borse Express. The downgrade took the firm rating from Buy to Neutral. The Shanghai listing was last at CNY 52.22 on October 15, 2026 at 3:00 p.m. CST, up 0.06 percent from CNY 52.19, while the Lang & Schwarz quote stood at EUR 4.75 on October 15, 2026 at 9:38 p.m. CEST.

Results date is October 28

Tsingtao Brewery will hold a board meeting on October 28, 2026, to consider unaudited third-quarter results for the nine months ended September 30. The date was announced on October 12, 2026, in a notice carried by Futubull.

Stock remains below its yearly high

The Shanghai share traded between CNY 51.69 and CNY 52.48 on October 15, 2026. Its 52-week range was CNY 49.48 to CNY 68.55, placing the latest CNY 52.22 quote 23.82 percent below the high. Volume reached 5,117,422 shares against an average of 5,152,795, or 0.69 percent below the average.

Valuation and target distance

Tsingtao Brewery had a market capitalization of CNY 71.2 billion and a P/E ratio of 15.50 on October 15, 2026. The Goldman Sachs target of HKD 43.00 stood 3.61 percent above the HKD 41.50 Hong Kong quote on that date, based on the target and current prices reported by Investing.com.

Comparison with peers

Tsingtao Brewery (Shanghai, CNY): plus 0.06 percent, P/E 15.50, market capitalization CNY 71.2 billion
Bright Dairy (Shanghai, CNY): minus 1.14 percent, P/E minus 80.70, market capitalization CNY 9.6 billion
Kweichow Moutai (Shanghai, CNY): plus 2.10 percent, P/E 20.18, market capitalization CNY 1.6 trillion

The euro quote after hours

The analyst reset and the October reporting date give investors two concrete reference points, while the Shanghai session ended with only a 0.06 percent gain. The euro quote was EUR 4.75 at Lang & Schwarz on October 15, 2026 at 9:38 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Tsingtao Brewery stock.