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<Research>M Stanley Mildly Trims SINOPEC CORP's TP to $4.27, Reduces Total Earnings Forecast
Morgan Stanley has released a research report revising downward its FY25-26 forecasts for international oil prices to US$65/ US$62 per barrel, with a long-term oil price expectatio...
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<Research>M Stanley Mildly Trims SINOPEC CORP's TP to $4.27, Reduces Total Earnings Forecast
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Morgan Stanley has released a research report revising downward its FY25-26 forecasts for international oil prices to US$65/ US$62 per barrel, with a long-term oil price expectation of US$55.

Morgan Stanley also reduced its forecasts for SINOPEC CORP (00386.HK)  +0.030 (+0.739%)    Short selling $91.58M; Ratio 27.279%   's FY25-27 total earnings by 14%/ 13%/ 15% because of the decline in oil prices resulting in a 29%/ 31% cut in the E&P segment's EBIT.

Morgan Stanley lowered its target price for SINOPEC CORP from $4.95 to $4.27, with an Equalweight rating.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-19 16:25.)

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