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 price target was 22.82, which equates to a potential upside of 54.82 percent. The most pessimistic price target was 11, implying a possible loss of -25.37 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.67 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of CHU to grow at a rate of 283.09 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. CHU has a PEG ratio of 0.81.

CHU has a 52-week high of 15.15 and a 52-week low of 10.33. Today's price is 42.69 percent above the 52-week low, and 2.71 percent lower than its 52-week 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.