News articles about China Telecom Corp (NYSE:CHA) have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. China Telecom Corp earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave news coverage about the utilities provider an impact score of 45.8543415445778 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- Telecom Tower Market Expansion to Be Persistent Outlook 2016 – 2026 (sbwire.com)
- ETFs with exposure to China Telecom Corp. Ltd. : October 11, 2017 (finance.yahoo.com)
- Market Live: Sensex off day’s high, Nifty below 10,050; PSU Bank falls over 1% (moneycontrol.com)
- Too Much, Too Soon in China Telecom (finance.yahoo.com)
- Optical Network Equipment Market Will Generate New Growth Opportunities by 2018 (sbwire.com)
Shares of China Telecom Corp (NYSE CHA) opened at 52.74 on Thursday. The stock’s 50 day moving average is $50.85 and its 200 day moving average is $49.14. China Telecom Corp has a 12 month low of $45.58 and a 12 month high of $53.78. The firm has a market cap of $42.68 billion, a PE ratio of 14.65 and a beta of 0.60.
CHA has been the topic of several research reports. Bank of America Corporation initiated coverage on shares of China Telecom Corp in a research report on Wednesday, August 30th. They set a “buy” rating on the stock. Zacks Investment Research raised shares of China Telecom Corp from a “hold” rating to a “buy” rating and set a $55.00 price target on the stock in a research report on Monday, August 28th. Finally, BidaskClub cut shares of China Telecom Corp from a “sell” rating to a “strong sell” rating in a research report on Thursday, June 22nd. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. China Telecom Corp currently has an average rating of “Buy” and an average target price of $55.00.
About China Telecom Corp
China Telecom Corporation Limited is an investment holding company principally engaged in telecommunications and related businesses. The Company provides integrated information services, including wireline and mobile telecommunications services, Internet access services, information services and other value-added telecommunications services.
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