Latest Search
Quote
| Back Zoom + Zoom - | |
|
<Research>CLSA Elevates CNOOC (00883.HK) TP to $32, Raises Earnings Forecasts
Recommend 4 Positive 4 Negative 6 |
|
|
|
|
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 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. AASTOCKS Financial News Website: www.aastocks.com |
|
