CNOOC Ltd Upgraded to “Neutral” by Credit Suisse (CEO)
CNOOC Ltd (NYSE:CEO) opened at 188.83 on Monday. CNOOC Ltd has a 52 week low of $147.24 and a 52 week high of $211.49. The stock has a 50-day moving average of $179.3 and a 200-day moving average of $167.7. The company has a market cap of $84.308 billion and a P/E ratio of 9.10.
Separately, analysts at JPMorgan Chase & Co. upgraded shares of CNOOC Ltd from a “neutral” rating to an “overweight” rating in a research note on Thursday, July 10th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold”.
CNOOC Limited is an investment holding company. The Company, along with its subsidiaries, is a producer of offshore crude oil and natural gas and an independent oil and gas exploration and production company.
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