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.

Several price targets were given for CEO by the analysts covering the stock. The most optimistic price target 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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -9.43 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -21.61 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

CEO has an estimated earnings growth rate of -93.62 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. 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. Today's price is 3.79 percent above the 52-week low, 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 market cap of CEO is $50.13 billion. CEO is estimated to release their earnings results for the quarter on 0000-00-00, days from today.