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 most optimistic price target was , implying a possible profit of -100 percent. The most pessimistic analyst gave a price target of , which equates to a potential downside 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.

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. Over the past 30 days, FY earnings estimates have also changed downwards by -0.07 percent. If we look at the last 90 days instead, we find a net average change of 0.71 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, 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 SHI's earnings is estimated by analysts to be -24.1 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers 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. The current market price is above the trailing year's low by 17.63 percent, and 12.87 percent below the 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 stock has a market capitalization of $9.34 billion. SHI will post this quarters earnings in days, on 0000-00-00.