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<Research>CLSA Elevates CNOOC (00883.HK) TP to $32, Raises Earnings Forecasts
CNOOC (00883.HK)'s 2025 earnings were slightly below expectations, CLSA released a research report saying. However, considering that oil prices fell to US$60 per barrel at the ...
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<Research>CLSA Elevates CNOOC (00883.HK) TP to $32, Raises Earnings Forecasts
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CNOOC (00883.HK)  +0.060 (+0.223%)    Short selling $602.03M; Ratio 28.522%   's 2025 earnings were slightly below expectations, CLSA released a research report saying. However, considering that oil prices fell to US$60 per barrel at the end of 2025, the results remained solid.

Incorporating the latest oil price assumptions, the broker raised its 2026-2208 EPS forecasts by 13-33%, and elevated its target prices for CNOOC's H-/ A-shares from $22.8/ RMB31.1 to $32/ RMB44, with ratings kept at Outperform.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)

Related News BOCI Upgrades CNOOC (00883.HK) Rating to 'Buy', Raises TP to HKD18.76



This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

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