Analyst Ratings for China Telecom Corp. Ltd. ADR (CHA)

Updated: 2017-07-27

An average rating of Overweight has been given to China Telecom Corp. Ltd. ADR (NYSE:CHA) by analysts covering the stock. CHA had previously received a consensus rating of Overweight a month ago.

23 analysts issued ratings on the stock, where 15 gave CHA a buy rating, 4 issued an overweight rating, 2 issued a hold rating, 1 issued an underweight rating, and 1 gave a sell rating. Today, there are 3 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

CHA was given price targets by several analysts. The maximum price target given was 67.9, implying a possible profit of 41.19 percent. The minimum price target given was 42.53, implying a possible loss of -11.56 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.68 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.68 percent.

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, while 0 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

The growth rate of CHA's earnings is estimated by analysts to be 15.86 percent. People on Wall Street often look at a company's 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, though it could be better to see where the ratio stands relative to peers in the industry. CHA has a PEG ratio of 0.94.

In the trailing 52-weeks, CHA hit 53.87 at the highest peak, while it's lowest trading point was 45.58. Currently the stock is 5.51 percent higher than its low, and 10.73 percent lower than its 52-week high. CHA has a P/E ratio of 14.9. Investors typically compare the P/E ratio to a company's peers in the industry. The CHA value stock report compares CHA to some of its peers using value stock charts. The market cap of CHA is $38.46 billion. CHA is estimated to release their earnings results for the quarter on 0000-00-00, days from today.