Analyst Ratings for CNOOC Ltd. ADR (CEO)

Updated: 2017-07-27

An average rating of Overweight has been given to CNOOC Ltd. ADR (NYSE:CEO) by analysts covering the stock. About 30 days ago, CEO was issued an average rating of Overweight.

Of the 23 analysts covering the stock, 13 gave it a buy rating, 5 gave an overweight rating, 3 issued a hold rating, 1 issued an underweight rating, and 1 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 1.

CEO was given price targets by several analysts. The maximum price target given was 166.51, implying potential capital gains of 48.47 percent. The most pessimistic price target was 97.37, implying potential capital losses of -13.18 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Meanwhile, fiscal year estimates have been revised downwards by -9.43 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -21.61 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.

The growth rate of CEO's earnings is estimated by analysts to be -93.62 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. CEO has a PEG ratio of -0.01.

In the trailing 52-weeks, CEO hit 138.36 at the highest peak, while it's lowest trading point was 108.05. Currently the stock is 3.79 percent higher than its low, and 18.94 percent lower than its 52-week high. CEO has a P/E ratio of 1. Investors typically compare the P/E ratio to a company's peers in the industry. The CEO value stock report compares CEO to some of its peers using value stock charts. The stock has a market capitalization of $50.13 billion. CEO will post this quarters earnings in days, on 0000-00-00.