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.

A number of analysts gave price targets for CHL. The most optimistic analyst gave a price target of 74.75, implying a possible profit of 40.96 percent. The most pessimistic price target was 44.7, implying a possible loss of -15.71 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. 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 upwards by 0.75 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.88 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

CHL has an estimated earnings growth rate of -0.6 percent as forecasted by analysts. 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, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CHL is -22.12.

CHL has traded between a high of 63.89 and a low of 51.30 over the past year. Currently the stock is 3.37 percent higher than its low, and 17 percent lower than its 52-week high. CHL has a P/E 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 market cap of CHL is $219.26 billion. CHL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.