Do analysts think that China Resources Beer Holdings Co is a buy, hold or sell?

Buy, hold and sell recommendations from company analysts can be a useful signal about the sentiment around a stock. Examining the 'consensus' rating among brokers can give you a sense of whether the share is worth buying or not. Take China Resources Beer Holdings Co (HKG:291) as an example...

Shares in the company have risen by 12.9% over the past month and it’s currently trading at HK$51.3. But what do the analysts that cover it think?

Based on the broker 'consensus', there could be reasons to believe that the positive recent trend will continue. In terms of trading recommendations, China Resources Beer Holdings Co currently has:

• 14 Buy recommendations

• 2 Hold recommendations

• 1 Sell recommendations

This suggests that analysts are generally upbeat about the outlook.

At its current price of HK$51.3, shares in China Resources Beer Holdings Co are trading at a discount of -30.6% to its 52 week high price. The 1-year performance of the shares has been -26.4%.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of China Resources Beer Holdings Co it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with China Resources Beer Holdings Co that you can find out about here.