China Petroleum & Chemical Corporation (NYSE:SNP) has been assigned a consensus recommendation of “Hold” from the six brokerages that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company.

Several equities analysts recently issued reports on SNP shares. Zacks Investment Research lowered China Petroleum & Chemical Corporation from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 12th. Sanford C. Bernstein upgraded China Petroleum & Chemical Corporation from a “market perform” rating to an “outperform” rating in a research report on Thursday, July 6th. BidaskClub lowered China Petroleum & Chemical Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, June 14th. Jefferies Group LLC lowered China Petroleum & Chemical Corporation from a “buy” rating to a “hold” rating in a research report on Monday, May 15th. Finally, Mizuho upgraded China Petroleum & Chemical Corporation from a “neutral” rating to a “buy” rating in a research report on Tuesday.

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China Petroleum & Chemical Corporation (NYSE:SNP) traded up 0.33% during trading on Tuesday, hitting $75.96. The company had a trading volume of 71,910 shares. China Petroleum & Chemical Corporation has a 1-year low of $67.82 and a 1-year high of $84.88. The company’s 50 day moving average price is $78.55 and its 200-day moving average price is $79.72. The stock has a market capitalization of $92.00 billion, a price-to-earnings ratio of 10.85 and a beta of 1.17.

A number of institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its stake in shares of China Petroleum & Chemical Corporation by 1.5% in the first quarter. Dimensional Fund Advisors LP now owns 1,883,768 shares of the oil and gas company’s stock worth $153,553,000 after buying an additional 27,614 shares in the last quarter. Bank of America Corp DE raised its stake in shares of China Petroleum & Chemical Corporation by 2.3% in the first quarter. Bank of America Corp DE now owns 806,403 shares of the oil and gas company’s stock worth $65,729,000 after buying an additional 18,159 shares in the last quarter. Thornburg Investment Management Inc. raised its stake in shares of China Petroleum & Chemical Corporation by 7.5% in the first quarter. Thornburg Investment Management Inc. now owns 404,061 shares of the oil and gas company’s stock worth $32,935,000 after buying an additional 28,095 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of China Petroleum & Chemical Corporation by 12.6% in the first quarter. Renaissance Technologies LLC now owns 395,730 shares of the oil and gas company’s stock worth $32,256,000 after buying an additional 44,200 shares in the last quarter. Finally, Matthews International Capital Management LLC acquired a new stake in shares of China Petroleum & Chemical Corporation during the first quarter worth $14,509,000. Institutional investors and hedge funds own 0.71% of the company’s stock.

About China Petroleum & Chemical Corporation

China Petroleum & Chemical Corporation is a China-based energy and chemical company. The Company’s segments include Exploration and Development segment, Refining segment, Marketing and Distribution segment, Chemicals segment, and Corporate and Others segment. Exploration and Development segment explores and develops oil fields, as well as produces crude oil and natural gas.

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