SINOPEC Shangai Petrochemical (NYSE: SHI) recently received a number of ratings updates from brokerages and research firms:

  • 8/9/2017 – SINOPEC Shangai Petrochemical was upgraded by analysts at Instinet from a “reduce” rating to a “neutral” rating.
  • 8/9/2017 – SINOPEC Shangai Petrochemical was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 8/3/2017 – SINOPEC Shangai Petrochemical was upgraded by analysts at Nomura to a “neutral” rating.
  • 7/28/2017 – SINOPEC Shangai Petrochemical was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 7/19/2017 – SINOPEC Shangai Petrochemical was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 7/5/2017 – SINOPEC Shangai Petrochemical was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.

Shares of SINOPEC Shangai Petrochemical Company, Ltd. (NYSE SHI) opened at 59.50 on Friday. The stock has a market cap of $6.41 billion, a price-to-earnings ratio of 6.40 and a beta of 0.48. The company has a 50-day moving average price of $56.05 and a 200-day moving average price of $57.64. SINOPEC Shangai Petrochemical Company, Ltd. has a 52 week low of $48.82 and a 52 week high of $64.80.

Sinopec Shanghai Petrochemical Company Limited (Shanghai Petrochemical) is a petrochemical company. The Company and its subsidiaries are principally engaged in processing crude oil into synthetic fibers, resins and plastics, intermediate petrochemicals and petroleum products. The Company operates in five operating segments.

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