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.

CHU was given price targets by several analysts. The most optimistic analyst gave a price target of 22.82, implying potential capital gains of 54.82 percent. The lowest price target 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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 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. Another measure frequently examined by investors is 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of CHU is 0.81.

CHU has traded between a high of 15.15 and a low of 10.33 over the past year. The current market price is above the trailing year's low by 42.69 percent, 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.