Analyst Ratings for SINOPEC Shanghai Petrochemical Co. Ltd. ADR (SHI)

Updated: 2017-07-27

Shares of SINOPEC Shanghai Petrochemical Co. Ltd. ADR (NYSE:SHI) have received a consensus rating of Hold from Wall Street analysts. A consensus rating of Hold was previously issued for SHI last month.

A buy rating was issued by 4 analysts, 0 issued an overweight rating, 2 gave a hold rating, 0 issued an underweight rating, and 3 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has decreased by 2.

A number of analysts gave price targets for SHI. The most optimistic price target was , which equates to a potential upside of -100 percent. The lowest price target was , implying potential capital losses of -100 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

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. Over the past 30 days, FY earnings estimates have also changed downwards by -0.07 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.71 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of SHI to grow at a rate of -24.1 percent. The PEG ratio of a stock is another value frequently studied by investors. 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 SHI is -0.25.

In the last 52-weeks, SHI has achieved a high of 64.80 and a low of 48.00. Today's price is 17.63 percent above the 52-week low, and 12.87 percent below the high. SHI has a P/E ratio of 6.11. Investors typically compare the P/E ratio to a company's peers in the industry. The SHI value stock report compares SHI to some of its peers using value stock charts. The market cap of SHI is $9.34 billion. SHI's next earnings release will be on 0000-00-00, which is days away.