News coverage about China Unicom (Hong Kong) (NYSE:CHU) has trended somewhat positive on Saturday, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. China Unicom (Hong Kong) earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave news coverage about the Wireless communications provider an impact score of 46.5193044555551 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:

China Unicom (NYSE:CHU) opened at 13.98 on Friday. The firm has a 50-day moving average of $14.51 and a 200-day moving average of $14.19. The firm has a market cap of $33.48 billion, a P/E ratio of 139.80 and a beta of 0.71. China Unicom has a 12-month low of $10.84 and a 12-month high of $16.55.

CHU has been the subject of a number of research reports. Zacks Investment Research downgraded shares of China Unicom (Hong Kong) from a “buy” rating to a “hold” rating in a report on Friday, August 25th. Bank of America Corporation initiated coverage on shares of China Unicom (Hong Kong) in a report on Wednesday, August 30th. They issued a “neutral” rating for the company. Sanford C. Bernstein reaffirmed a “buy” rating on shares of China Unicom (Hong Kong) in a report on Tuesday, July 11th. Nomura downgraded shares of China Unicom (Hong Kong) from a “neutral” rating to a “reduce” rating in a report on Thursday, August 24th. Finally, J P Morgan Chase & Co downgraded shares of China Unicom (Hong Kong) from a “neutral” rating to an “underweight” rating in a report on Monday, August 21st. Four analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. China Unicom (Hong Kong) presently has an average rating of “Hold” and an average target price of $16.00.

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China Unicom (Hong Kong) Company Profile

China Unicom (Hong Kong) Limited is a Hong Kong-based investment holding company principally engaged in the provision of telecommunications services. The Company’s businesses include mobile businesses, fixed-line businesses and others. Its mobile businesses include the provision of call services, roaming services, mobile broadband services, traditional value-added services such as short message services, multimedia message services and wireless Internet access card, as well as new value-added services such as mobile music, mobile television and Wo portal services.

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