Analysts’ Weekly Ratings Updates for China Unicom (Hong Kong) (CHU)

A number of firms have modified their ratings and price targets on shares of China Unicom (Hong Kong) (NYSE: CHU) recently:

  • 7/11/2017 – China Unicom (Hong Kong) had its “buy” rating reaffirmed by analysts at Sanford C. Bernstein.
  • 7/5/2017 – China Unicom (Hong Kong) was downgraded by analysts at Morgan Stanley from an “overweight” rating to an “underweight” rating.
  • 6/27/2017 – China Unicom (Hong Kong) was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 6/27/2017 – China Unicom (Hong Kong) was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “China Unicom Limited is engaged in the provision of cellular, paging, long distance, data and internet services in the People’s Repulic of China. “
  • 6/21/2017 – China Unicom (Hong Kong) was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $16.00 price target on the stock. According to Zacks, “China Unicom Limited is engaged in the provision of cellular, paging, long distance, data and internet services in the People’s Repulic of China. “
  • 6/20/2017 – China Unicom (Hong Kong) was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 5/23/2017 – China Unicom (Hong Kong) was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “China Unicom Limited is engaged in the provision of cellular, paging, long distance, data and internet services in the People’s Repulic of China. “
  • 5/22/2017 – China Unicom (Hong Kong) was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $15.00 price target on the stock. According to Zacks, “China Unicom Limited is engaged in the provision of cellular, paging, long distance, data and internet services in the People’s Repulic of China. “

China Unicom (NYSE:CHU) traded up 0.42% on Monday, reaching $14.47. The company’s stock had a trading volume of 195,013 shares. China Unicom has a 12 month low of $10.01 and a 12 month high of $15.15. The company has a 50-day moving average price of $14.33 and a 200 day moving average price of $12.91. The company has a market cap of $34.65 billion, a P/E ratio of 241.17 and a beta of 0.75.

China Unicom (Hong Kong) Limited is a Hong Kong-based investment holding company principally engaged in the provision of telecommunications services. The Company’s businesses include mobile businesses, fixed-line businesses and others. Its mobile businesses include the provision of call services, roaming services, mobile broadband services, traditional value-added services such as short message services, multimedia message services and wireless Internet access card, as well as new value-added services such as mobile music, mobile television and Wo portal services.

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