China Unicom (Hong Kong) Ltd (NYSE:CHU) Upgraded at Nomura

China Unicom (Hong Kong) logoChina Unicom (Hong Kong) Ltd (NYSE:CHU) was upgraded by inventory badysts at Nomura from a “reduce” score to a “neutral” score in a badysis observe issued to buyers on Thursday, October 26th, MarketBeat studies.

Quite a few different badysts additionally not too long ago issued studies on CHU. Zacks Investment Research downgraded shares of China Unicom (Hong Kong) from a “buy” score to a “hold” score in a badysis observe on Thursday, August 17th. CLSA minimize shares of China Unicom (Hong Kong) from an “outperform” score to an “underperform” score in a badysis report on Wednesday, August 16th. BidaskClub upgraded shares of China Unicom (Hong Kong) from a “hold” score to a “buy” score in a badysis report on Wednesday, August 23rd. J P Morgan Chase & Co minimize shares of China Unicom (Hong Kong) from a “neutral” score to an “underweight” score in a badysis report on Monday, August 21st. Finally, Bank of America Corporation badumed protection on shares of China Unicom (Hong Kong) in a badysis report on Wednesday, August 30th. They set a “neutral” score on the inventory. Three funding badysts have rated the inventory with a promote score, three have badigned a maintain score and 6 have badigned a purchase score to the corporate’s inventory. The firm presently has a consensus score of “Hold” and a consensus value goal of $16.00.

China Unicom (NYSE CHU) traded up $zero.13 throughout noon buying and selling on Thursday, hitting $14.96. 324,506 shares of the inventory had been exchanged, in comparison with its common quantity of 237,864. China Unicom has a 52 week low of $10.84 and a 52 week excessive of $16.55. The firm has a fast ratio of zero.29, a present ratio of zero.29 and a debt-to-equity ratio of zero.14.

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Quite a few institutional buyers have not too long ago modified their holdings of the inventory. FMR LLC elevated its holdings in China Unicom (Hong Kong) by 20.1% throughout the second quarter. FMR LLC now owns four,127,672 shares of the Wireless communications supplier’s inventory valued at $61,750,000 after shopping for a further 691,500 shares over the past quarter. Morgan Stanley elevated its holdings in China Unicom (Hong Kong) by 1.9% throughout the first quarter. Morgan Stanley now owns 2,355,427 shares of the Wireless communications supplier’s inventory valued at $31,727,000 after shopping for a further 43,678 shares over the past quarter. Renaissance Technologies LLC elevated its holdings in China Unicom (Hong Kong) by three.5% throughout the first quarter. Renaissance Technologies LLC now owns 1,544,300 shares of the Wireless communications supplier’s inventory valued at $20,802,000 after shopping for a further 52,700 shares over the past quarter. Royal Bank of Canada elevated its holdings in China Unicom (Hong Kong) by eight.four% throughout the second quarter. Royal Bank of Canada now owns 1,255,775 shares of the Wireless communications supplier’s inventory valued at $18,786,000 after shopping for a further 96,993 shares over the past quarter. Finally, Arrowstreet Capital Limited Partnership elevated its holdings in China Unicom (Hong Kong) by 17.four% throughout the second quarter. Arrowstreet Capital Limited Partnership now owns 967,317 shares of the Wireless communications supplier’s inventory valued at $14,471,000 after shopping for a further 143,609 shares over the past quarter. Institutional buyers personal 1.18% of the corporate’s inventory.

About China Unicom (Hong Kong)

China Unicom (Hong Kong) Limited is a Hong Kong-based funding holding firm principally engaged within the provision of telecommunications companies. The Company’s companies embody cellular companies, fixed-line companies and others. Its cellular companies embody the supply of name companies, roaming companies, cellular broadband companies, conventional value-added companies corresponding to brief message companies, multimedia message companies and wi-fi Internet entry card, in addition to new value-added companies corresponding to cellular music, cellular tv and Wo portal companies.

Analyst Recommendations for China Unicom (Hong Kong) (NYSE:CHU)

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