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A report released today by Zacks Investment Research about China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) raises the target price to $15.00

China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) had its target price raised to $15.00 by Zacks Investment Research in a report released 3/20/2017. The new target price indicates a possible upside of 0.14% based on the company's last closing price.

Yesterday China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) traded 0.76% higher at $13.21. The company’s 50-day moving average is $12.20 and its 200-day moving average is $11.88. The last closing price is up 11.18% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 239,767 shares of the stock were exchanged, down from an average trading volume of 284,670

See Chart Below

China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU)

China Unicom (Hong Kong) Limited (ADR) has a 52 week low of $9.89 and a 52 week high of $13.26 with a P/E ratio of 55.04 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 4 brokers have issued a report on the stock. The consensus target price is $15.48 with 2 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU)

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, enterprise businesses and international businesses. 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. Its fixed-line businesses include broadband and Internet networks businesses, among others. Its enterprise businesses include the provision of voice services and the provision of information total solutions, among others. Its international businesses include cross-border leasing line businesses and cross-territory networking businesses, among others.

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