Shares of China Petroleum & Chemical Corporation (NYSE:SNP) have received an average recommendation of “Hold” from the six ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating on the company.

A number of research firms have recently commented on SNP. Mizuho raised China Petroleum & Chemical Corporation from a “neutral” rating to a “buy” rating in a research note on Tuesday. Sanford C. Bernstein raised China Petroleum & Chemical Corporation from a “market perform” rating to an “outperform” rating in a research note on Thursday, July 6th. BidaskClub cut China Petroleum & Chemical Corporation from a “sell” rating to a “strong sell” rating in a research note on Friday, June 30th. Jefferies Group LLC cut China Petroleum & Chemical Corporation from a “buy” rating to a “hold” rating in a research note on Monday, May 15th. Finally, Zacks Investment Research cut China Petroleum & Chemical Corporation from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 12th.

Shares of China Petroleum & Chemical Corporation (NYSE SNP) traded up 0.33% during midday trading on Tuesday, hitting $75.96. The stock had a trading volume of 71,910 shares. The company’s 50 day moving average is $78.55 and its 200 day moving average is $79.72. The company has a market cap of $92.00 billion, a PE ratio of 10.85 and a beta of 1.17. China Petroleum & Chemical Corporation has a 52-week low of $67.82 and a 52-week high of $84.88.

ILLEGAL ACTIVITY NOTICE: “China Petroleum & Chemical Corporation (NYSE:SNP) Given Consensus Rating of “Hold” by Brokerages” was first posted by Daily Political and is the sole property of of Daily Political. If you are reading this article on another publication, it was illegally copied and reposted in violation of US & international trademark and copyright legislation. The legal version of this article can be viewed at https://www.dailypolitical.com/2017/08/08/china-petroleum-chemical-corporation-nysesnp-given-consensus-rating-of-hold-by-brokerages.html.

A number of hedge funds and other institutional investors have recently made changes to their positions in SNP. GRATRY & Co LLC purchased a new position in shares of China Petroleum & Chemical Corporation during the first quarter valued at about $271,000. Comerica Bank boosted its position in shares of China Petroleum & Chemical Corporation by 2.0% in the first quarter. Comerica Bank now owns 14,988 shares of the oil and gas company’s stock valued at $1,222,000 after buying an additional 299 shares during the period. BNP Paribas Arbitrage SA boosted its position in shares of China Petroleum & Chemical Corporation by 4.9% in the first quarter. BNP Paribas Arbitrage SA now owns 26,406 shares of the oil and gas company’s stock valued at $2,152,000 after buying an additional 1,223 shares during the period. Checchi Capital Advisers LLC purchased a new position in shares of China Petroleum & Chemical Corporation during the first quarter valued at about $207,000. Finally, Advisors Asset Management Inc. boosted its position in shares of China Petroleum & Chemical Corporation by 12.3% in the first quarter. Advisors Asset Management Inc. now owns 15,734 shares of the oil and gas company’s stock valued at $1,282,000 after buying an additional 1,724 shares during the period. 0.71% of the stock is currently owned by institutional investors.

China Petroleum & Chemical Corporation Company Profile

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.

Receive News & Ratings for China Petroleum & Chemical Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Petroleum & Chemical Corporation and related companies with MarketBeat.com's FREE daily email newsletter.