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 maximum price target given was 22.82, which equates to a potential upside of 54.82 percent. The minimum price target given was 11, implying a possible loss of -25.37 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. Over the past 30 days, FY earnings estimates have also changed upwards by 1.67 percent. 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. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

The growth rate of CHU's earnings is estimated by analysts to be 283.09 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. 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. Currently the stock is 42.69 percent higher than its 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.