Analyst Ratings for China Mobile Ltd. ADR (CHL)

Updated: 2017-07-28

Shares of China Mobile Ltd. ADR (NYSE:CHL) have received a consensus rating of Overweight from Wall Street analysts. CHL had previously received a consensus rating of Overweight a month ago.

Of the 22 analysts covering the stock, 13 gave it a buy rating, 4 issued an overweight rating, 3 gave a hold rating, 0 gave an underweight rating, and 2 issued a sell rating. Compared to three months ago, there has been an decrease of 5 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.

CHL was given price targets by several analysts. The highest price target was 74.75, implying a possible profit of 40.96 percent. The minimum price target given was 44.7, which equates to a potential downside of -15.71 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.75 percent. If we look at the last 90 days instead, we find a net average change of 0.88 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. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of CHL to grow at a rate of -0.6 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. CHL has a PEG ratio of -22.12.

In the trailing 52-weeks, CHL hit 63.89 at the highest peak, while it's lowest trading point was 51.30. Currently the stock is 3.37 percent higher than its low, and below the high by 17 percent. CHL has a price/earnings ratio of 13.27. Investors typically compare the P/E ratio to a company's peers in the industry. The CHL value stock report compares CHL to some of its peers using value stock charts. The stock has a market capitalization of $219.26 billion. CHL's next earnings release will be on 0000-00-00, which is days away.