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.

Several price targets were given for CHA by the analysts covering the stock. The most optimistic price target was 67.9, which equates to a potential upside of 41.19 percent. The lowest price target was 42.53, implying potential capital losses of -11.56 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.68 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 2.68 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of CHA's earnings is estimated by analysts to be 15.86 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. CHA has a PEG ratio of 0.94.

CHA has a 52-week high of 53.87 and a 52-week low of 45.58. Today's price is 5.51 percent above the 52-week 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's next earnings release will be on 0000-00-00, which is days away.