China Unicom (Hong Kong) Limited Rating Lowered to Neutral at Macquarie (CHU)
A number of other firms have also recently commented on CHU. Analysts at Mizuho upgraded shares of China Unicom (Hong Kong) Limited from a “neutral” rating to a “buy” rating in a research note on Thursday, August 28th. Analysts at Jefferies Group reiterated a “buy” rating on shares of China Unicom (Hong Kong) Limited in a research note on Tuesday, August 5th. They now have a $20.10 price target on the stock, up previously from $18.00. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. China Unicom (Hong Kong) Limited currently has a consensus rating of “Hold” and a consensus price target of $20.10.
China Unicom (NYSE:CHU) traded up 1.97% during mid-day trading on Tuesday, hitting $18.08. The stock had a trading volume of 152,190 shares. China Unicom has a 52 week low of $11.71 and a 52 week high of $17.85. The stock has a 50-day moving average of $16.83 and a 200-day moving average of $14.83. The company has a market cap of $43.105 billion and a price-to-earnings ratio of 22.44.
China Unicom (NYSE:CHU) Limited is an investment holding company.
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