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.

A number of analysts gave 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 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.

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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.67 percent, as compared to a month ago. 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 made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

CHU has an estimated earnings growth rate of 283.09 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. 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. 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. 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 P/E 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 stock has a market capitalization of $34.96 billion. CHU will post this quarters earnings in days, on 0000-00-00.