How Analysts Feel About China Mobile Ltd. (ADR) (NYSE:CHL)?

November 14, 2017 - By Kurt Siggers

 How Analysts Feel About China Mobile Ltd. (ADR) (NYSE:CHL)?

China Mobile Ltd. (ADR) (NYSE:CHL) Ratings Coverage

Among 6 analysts covering China Mobile (NYSE:CHL), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. China Mobile had 7 analyst reports since August 21, 2015 according to SRatingsIntel. Goldman Sachs maintained the stock with “Buy” rating in Wednesday, August 10 report. The rating was upgraded by Deutsche Bank to “Buy” on Tuesday, January 19. The rating was initiated by Bank of America on Wednesday, August 30 with “Buy”. The firm has “Buy” rating given on Friday, August 21 by Jefferies. As per Friday, March 24, the company rating was downgraded by HSBC. On Thursday, October 27 the stock rating was downgraded by Bernstein to “Mkt Perform”. Below is a list of China Mobile Ltd. (ADR) (NYSE:CHL) latest ratings and price target changes.

30/08/2017 Broker: Bank of America Rating: Buy Initiate

About 113,871 shares traded. China Mobile Ltd. (ADR) (NYSE:CHL) has risen 3.24% since November 14, 2016 and is uptrending. It has underperformed by 13.46% the S&P500.

China Mobile Limited is an investment holding firm principally engaged in telecommunication and related businesses. The company has market cap of $206.48 billion. The Company’s main businesses include Mobile businesses, Wireline Broadband businesses and Internet of Things businesses. It has a 12.41 P/E ratio. Mobile businesses include two categories of services.

More news for China Mobile Ltd. (ADR) (NYSE:CHL) were recently published by: Fool.com, which released: “4 Reasons I’m Buying China Mobile Ltd. (ADR) Stock” on January 27, 2017. Fool.com‘s article titled: “10 Reasons to Buy China Mobile Ltd. and Never Sell” and published on March 19, 2017 is yet another important article.

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