Somewhat Favorable Media Coverage Somewhat Unlikely to Impact China Mobile (Hong Kong) (CHL) Share Price
Press coverage about China Mobile (Hong Kong) (NYSE:CHL) has trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. China Mobile (Hong Kong) earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media coverage about the Wireless communications provider an impact score of 45.6542027144745 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Food trucks are struggling in Hong Kong. So why is business booming for Hongkonger Adam Wong in Beijing? (scmp.com)
- Over 2,500 Hong Kong taxi drivers sign up to cashless WeChat Pay and Alipay (scmp.com)
- China Mobile (Hong Kong) Ltd. (CHL) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com)
- China Mobile [Hong Kong] Ltd (CHL) Share Price Heads Below Balance Step – Westover Review (westoverreview.com)
- China Mobile (Hong Kong) (CHL) vs. Gogo (GOGO) Financial Survey (americanbankingnews.com)
China Mobile (CHL) remained flat at $$49.16 during trading hours on Friday. 989,986 shares of the company’s stock traded hands, compared to its average volume of 576,349. China Mobile has a fifty-two week low of $48.80 and a fifty-two week high of $58.83.
Several analysts have recently issued reports on the stock. Zacks Investment Research raised shares of China Mobile (Hong Kong) from a “hold” rating to a “buy” rating and set a $62.00 price objective for the company in a research note on Friday, August 18th. ValuEngine upgraded shares of China Mobile (Hong Kong) from a “hold” rating to a “buy” rating in a report on Friday, December 1st. BidaskClub upgraded shares of China Mobile (Hong Kong) from a “sell” rating to a “hold” rating in a report on Friday, August 11th. Finally, Bank of America started coverage on shares of China Mobile (Hong Kong) in a report on Wednesday, August 30th. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. China Mobile (Hong Kong) presently has an average rating of “Hold” and a consensus target price of $57.00.
ILLEGAL ACTIVITY WARNING: This story was first reported by Daily Political and is owned by of Daily Political. If you are accessing this story on another domain, it was illegally stolen and republished in violation of United States & international trademark & copyright laws. The original version of this story can be accessed at https://www.dailypolitical.com/2017/12/09/somewhat-favorable-media-coverage-somewhat-unlikely-to-impact-china-mobile-hong-kong-chl-share-price.html.
About China Mobile (Hong Kong)
China Mobile Limited is an investment holding company principally engaged in telecommunication and related businesses. Its main businesses include Mobile businesses, Wireline Broadband businesses and Internet of Things (IoT) businesses. Mobile businesses include two categories of services. Voice services include local calls, domestic and international long distance calls, roaming services and voice value-added services.
Receive News & Ratings for China Mobile (Hong Kong) Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Mobile (Hong Kong) Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.