Analyst Ratings for China Unicom (Hong Kong) Ltd. ADR (CHU)

Updated: 2017-07-28

Analysts covering China Unicom (Hong Kong) Ltd. ADR (NYSE:CHU) have given it a consensus rating of Overweight. CHU had previously received a consensus rating of Buy a month ago.

23 analysts issued ratings on the stock, where 16 gave CHU a buy rating, 2 issued an overweight rating, 4 issued a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 6. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.

Investment analysts gave a few price targets for CHU. The most optimistic analyst gave a price target of 22.82, which equates to a potential upside of 54.82 percent. The minimum price target given was 11, which equates to a potential downside of -25.37 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.67 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, 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 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of CHU's earnings is estimated by analysts to be 283.09 percent. 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, but many choose to perform ratio comparisons with other companies in the industry. CHU has a PEG ratio of 0.81.

In the trailing 52-weeks, CHU hit 15.15 at the highest peak, while it's lowest trading point was 10.33. Currently the stock is 42.69 percent higher than its low, and 2.71 percent below the high. CHU has a price/earnings ratio of 229.24. Investors typically compare the P/E ratio to a company's peers in the industry. The CHU value stock report compares CHU to some of its peers using value stock charts. The market cap of CHU is $34.96 billion. CHU's next earnings release will be on 0000-00-00, which is days away.