HKD3.95
0.25% yesterday
Hong Kong, Dec 30, 09:08 am CET
ISIN
CNE1000001Z5
Symbol
3988
Index
Sector
Industry

Bank of China Target price 2024 - Analyst rating & recommendation

Bank of China Classifications & Recommendation:

Buy
91%
Hold
9%

Bank of China Price Target

Target Price HKD4.18
Price HKD3.95
Potential
Number of Estimates 11
11 Analysts have issued a price target Bank of China 2025 . The average Bank of China target price is HKD4.18. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 11 analysts: 10 Analysts recommend Bank of China to buy, 1 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Bank of China stock has an average upside potential 2025 of . Most analysts recommend the Bank of China stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion HKD 1,331.09 665.18
13.33% 50.03%
Net Margin 17.91% 35.41%
14.92% 97.66%

13 Analysts have issued a sales forecast Bank of China 2024 . The average Bank of China sales estimate is

HKD665b
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. This is
51.91% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
HKD694b 49.80%
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, the lowest is
HKD604b 56.30%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 HKD1.3t 13.33%
2024
HKD665b 50.03%
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2025
HKD674b 1.34%
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2026
HKD712b 5.60%
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5 Bank of China Analysts have issued a net profit forecast 2024. The average Bank of China net profit estimate is

HKD236b
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. This is
6.96% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
HKD251b 0.67%
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, the lowest is
HKD230b 9.21%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 HKD238b 3.57%
2024
HKD236b 1.21%
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2025
HKD238b 0.83%
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2026
HKD250b 5.06%
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Net Margin

2023 17.91% 14.92%
2024
35.41% 97.66%
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2025
35.23% 0.51%
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2026
35.06% 0.48%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Dec '23 2024
Estimates
Earnings Per Share HKD 0.81 0.80
3.57% 1.23%
P/E 4.92
EV/Sales 8.74

5 Analysts have issued a Bank of China forecast for earnings per share. The average Bank of China <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

HKD0.80
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. This is
6.98% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
HKD0.85 1.16%
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, the lowest is
HKD0.78 9.30%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 HKD0.81 3.57%
2024
HKD0.80 1.23%
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2025
HKD0.81 1.25%
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2026
HKD0.85 4.94%
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P/E ratio

Current 4.60 37.31%
2024
4.92 6.96%
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2025
4.88 0.81%
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2026
4.65 4.71%
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Based on analysts' sales estimates for 2024, the Bank of China stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 4.20 37.25%
2024
8.74 108.06%
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2025
8.62 1.33%
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2026
8.17 5.30%
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P/S ratio

Current 0.84 27.45%
2024
1.74 107.95%
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2025
1.72 1.32%
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2026
1.63 5.30%
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