A touch panel, a touch positioning method thereof and a display device are provided. In the touch panel, a plurality of self-capacitive electrodes are divided into several self-capacitive electrode groups independent of each other and several independent self-capacitive electrodes; each of the self-capacitive electrode groups includes at least two self-capacitive electrodes not adjacent to each other, and the respective self-capacitive electrodes in a same self-capacitive electrode group are electrically connected with a touch chip through a same wire, and at least the self-capacitive electrodes located on the four adjacent positions of upper, lower, left and right sides of the respective self-capacitive electrodes in the respective self-capacitive electrode groups are independent self-capacitive electrodes. The touch panel has a decreased number of wires for electrically connecting the self-capacitive electrodes with the touch chip, and a decreased number of lead-out wires of the touch panel and a decreased number of wiring terminals of the touch chip.