China Mobile (Hong Kong) (NYSE: CHL) has recently received a number of price target changes and ratings updates:

  • 9/25/2017 – China Mobile (Hong Kong) was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $57.00 price target on the stock. According to Zacks, “China Mobile offers mobile communications services principally using Global System for Mobile Communications, or GSM, which is a pan-European mobile telephone system based on digital transmission and mobile communications network architecture with roaming capabilities. Our GSM networks reach all cities and counties and most major roads and highways in our service regions. “
  • 9/22/2017 – China Mobile (Hong Kong) was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “China Mobile offers mobile communications services principally using Global System for Mobile Communications, or GSM, which is a pan-European mobile telephone system based on digital transmission and mobile communications network architecture with roaming capabilities. Our GSM networks reach all cities and counties and most major roads and highways in our service regions. “
  • 9/18/2017 – China Mobile (Hong Kong) was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $59.00 price target on the stock. According to Zacks, “China Mobile offers mobile communications services principally using Global System for Mobile Communications, or GSM, which is a pan-European mobile telephone system based on digital transmission and mobile communications network architecture with roaming capabilities. Our GSM networks reach all cities and counties and most major roads and highways in our service regions. “
  • 9/15/2017 – China Mobile (Hong Kong) was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “China Mobile offers mobile communications services principally using Global System for Mobile Communications, or GSM, which is a pan-European mobile telephone system based on digital transmission and mobile communications network architecture with roaming capabilities. Our GSM networks reach all cities and counties and most major roads and highways in our service regions. “
  • 8/30/2017 – China Mobile (Hong Kong) is now covered by analysts at Bank of America Corporation. They set a “buy” rating on the stock.
  • 8/28/2017 – China Mobile (Hong Kong) was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $63.00 price target on the stock. According to Zacks, “China Mobile offers mobile communications services principally using Global System for Mobile Communications, or GSM, which is a pan-European mobile telephone system based on digital transmission and mobile communications network architecture with roaming capabilities. Our GSM networks reach all cities and counties and most major roads and highways in our service regions. “
  • 8/25/2017 – China Mobile (Hong Kong) was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “China Mobile offers mobile communications services principally using Global System for Mobile Communications, or GSM, which is a pan-European mobile telephone system based on digital transmission and mobile communications network architecture with roaming capabilities. Our GSM networks reach all cities and counties and most major roads and highways in our service regions. “
  • 8/18/2017 – China Mobile (Hong Kong) was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $62.00 price target on the stock. According to Zacks, “China Mobile offers mobile communications services principally using Global System for Mobile Communications, or GSM, which is a pan-European mobile telephone system based on digital transmission and mobile communications network architecture with roaming capabilities. Our GSM networks reach all cities and counties and most major roads and highways in our service regions. “
  • 8/17/2017 – China Mobile (Hong Kong) was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “China Mobile offers mobile communications services principally using Global System for Mobile Communications, or GSM, which is a pan-European mobile telephone system based on digital transmission and mobile communications network architecture with roaming capabilities. Our GSM networks reach all cities and counties and most major roads and highways in our service regions. “
  • 8/11/2017 – China Mobile (Hong Kong) was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

China Mobile (CHL) traded up 0.63% during trading on Tuesday, hitting $50.72. The stock had a trading volume of 1,212,622 shares. The company has a 50 day moving average of $53.22 and a 200-day moving average of $53.99. The company has a market cap of $207.70 billion, a P/E ratio of 12.24 and a beta of 0.30. China Mobile has a 12-month low of $50.34 and a 12-month high of $63.26.

The company also recently disclosed a special dividend, which will be paid on Tuesday, October 10th. Investors of record on Thursday, August 31st will be issued a dividend of $2.0457 per share. This represents a dividend yield of 3.73%. This is a positive change from China Mobile (Hong Kong)’s previous special dividend of $0.77. The ex-dividend date of this dividend is Tuesday, August 29th.

China Mobile Limited is an investment holding company principally engaged in telecommunication and related businesses. Its main businesses include Mobile businesses, Wireline Broadband businesses and Internet of Things (IoT) businesses. Mobile businesses include two categories of services. Voice services include local calls, domestic and international long distance calls, roaming services and voice value-added services.

Receive News & Ratings for China Mobile (Hong Kong) Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Mobile (Hong Kong) Ltd and related companies with Analyst Ratings Network's FREE daily email newsletter.