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.

Many analysts weighed in on price targets for CEO. The most optimistic price target was 166.51, which equates to a potential upside of 48.47 percent. The lowest price target was 97.37, which equates to a potential downside of -13.18 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. Meanwhile, fiscal year estimates have been revised downwards by -9.43 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -21.61 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of CEO to grow at a rate of -93.62 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CEO is -0.01.

In the trailing 52-weeks, CEO hit 138.36 at the highest peak, while it's lowest trading point was 108.05. The current market price is above the trailing year's low by 3.79 percent, and 18.94 percent lower than its 52-week high. CEO has a price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.