China Unicom (Hong Kong) (CHU) Upgraded by Mizuho to “Neutral”
China Unicom (Hong Kong) (NYSE:CHU) was upgraded by equities researchers at Mizuho from an “underperform” rating to a “neutral” rating in a report released on Monday.
A number of other analysts have also issued reports on CHU. Zacks Investment Research lowered shares of China Unicom (Hong Kong) from a “hold” rating to a “sell” rating in a research note on Tuesday, November 6th. Credit Suisse Group lowered shares of China Unicom (Hong Kong) from an “outperform” rating to a “neutral” rating in a research note on Friday, October 26th. TheStreet lowered shares of China Unicom (Hong Kong) from a “c” rating to a “d+” rating in a research note on Tuesday, October 23rd. Finally, UBS Group lowered shares of China Unicom (Hong Kong) from a “buy” rating to a “neutral” rating in a research note on Thursday, October 18th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $14.00.
NYSE CHU remained flat at $$11.32 during trading hours on Monday. 67,886 shares of the company’s stock were exchanged, compared to its average volume of 418,371. China Unicom has a 52 week low of $10.33 and a 52 week high of $15.19. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.37 and a quick ratio of 0.37. The firm has a market capitalization of $34.64 billion, a PE ratio of 102.91 and a beta of 0.98.
About China Unicom (Hong Kong)
China Unicom (Hong Kong) Limited, an integrated telecommunications operator, provides telecommunications services and telecommunications products worldwide. It offers mobile voice services that enable its subscribers to make and receive phone calls comprising local calls, domestic and international long-distance calls, intra-provincial roaming, inter-provincial roaming, and international roaming; and mobile data, mobile reading, mobile music, WO app store, SMS, personalized ring-back tone, and other wireless information services.
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