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.

Several price targets were given for SHI by the analysts covering the stock. The maximum price target given was , implying potential capital gains of -100 percent. The minimum price target given was , implying a possible loss of -100 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. The average change in earnings estimates over the last 90 days is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.07 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.71 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

The growth rate of SHI's earnings is estimated by analysts to be -24.1 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. SHI has a PEG ratio of -0.25.

In the last 52-weeks, SHI has achieved a high of 64.80 and a low of 48.00. The current market price is above the trailing year's low by 17.63 percent, and 12.87 percent lower than its 52-week high. SHI has a price/earnings 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.