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.

SHI was given price targets by several analysts. The maximum price target given was , implying potential capital gains of -100 percent. The most pessimistic price target was , implying potential capital losses of -100 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

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. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of SHI's earnings is estimated by analysts to be -24.1 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. 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. The PEG ratio of SHI is -0.25.

SHI has traded between a high of 64.80 and a low of 48.00 over the past year. The current market price is above the trailing year's low by 17.63 percent, and below the high by 12.87 percent. 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.