Headlines about China Unicom (Hong Kong) (NYSE:CHU) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. China Unicom (Hong Kong) earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media coverage about the Wireless communications provider an impact score of 45.8497555909066 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the headlines that may have effected Accern’s scoring:
- China Unicom (Hong Kong) Limited (ADR) (CHU) Forms $14.77 Double Top; Principal Real Estate Income Fund (PGZ)’s Sentiment Is 0.9 (whatsonthorold.com)
- Thomas White International LTD Has Increased China Unicom Hk LTD Adr (CHU) Stake; Sinocoking Coal & Coke Chemical Industries (AAC) Has 1.23 Sentiment (whatsonthorold.com)
- Analysts Set China Unicom (Hong Kong) Ltd (NYSE:CHU) PT at $14.25 (bulhufas.com)
- China Unicom (Hong Kong) Ltd (NYSE:CHU) Given Average Recommendation of “Buy” by Analysts (americanbankingnews.com)
CHU has been the subject of a number of research reports. Zacks Investment Research upgraded China Unicom (Hong Kong) from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research note on Wednesday, July 26th. Sanford C. Bernstein restated a “buy” rating on shares of China Unicom (Hong Kong) in a research note on Tuesday, July 11th. BidaskClub upgraded China Unicom (Hong Kong) from a “hold” rating to a “buy” rating in a research note on Tuesday, June 27th. Jefferies Group LLC upgraded China Unicom (Hong Kong) from an “underperform” rating to a “buy” rating in a report on Thursday, April 27th. Finally, Morgan Stanley cut China Unicom (Hong Kong) from an “overweight” rating to an “underweight” rating in a report on Wednesday, July 5th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $14.25.
China Unicom (NYSE CHU) opened at 14.98 on Friday. China Unicom has a 12-month low of $10.71 and a 12-month high of $15.15. The company has a market cap of $35.87 billion, a PE ratio of 249.67 and a beta of 0.74. The company has a 50-day moving average price of $14.60 and a 200 day moving average price of $13.52.
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China Unicom (Hong Kong) Company Profile
China Unicom (Hong Kong) Limited is a Hong Kong-based investment holding company principally engaged in the provision of telecommunications services. The Company’s businesses include mobile businesses, fixed-line businesses and others. Its mobile businesses include the provision of call services, roaming services, mobile broadband services, traditional value-added services such as short message services, multimedia message services and wireless Internet access card, as well as new value-added services such as mobile music, mobile television and Wo portal services.
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