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Zacks Investment Research announced China Mobile Ltd. (ADR) (NYSE:CHL), bumping its price target to $68.00 earlier today

Stating a potential upside of 0.12%, Zacks Investment Research upped the price target of China Mobile Ltd. (ADR) (NYSE:CHL) to $68.00

Yesterday China Mobile Ltd. (ADR) (NYSE:CHL) traded 0.33% higher at $60.96. The company’s 50-day moving average is $61.67 and its 200-day moving average is $58.94. The last stock close price is up 3.43% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 596,809 shares of the stock were exchanged, up from an average trading volume of 563,198

Performance Chart

China Mobile Ltd. (ADR) (NYSE:CHL)

With a total market value of $0, China Mobile Ltd. (ADR) has price-earnings ratio of 14.90 with a one year low of $50.12 and a one year high of $63.89 .

Brief Synopsis About China Mobile Ltd. (ADR) (NYSE:CHL)

China Mobile Limited is engaged in the provision of telecommunications and related services. The Company offers certain Internet-related services, including mobile Internet, digital services, and certain applications and information services. The Company's businesses primarily consist of voice business and data business. The Company's voice business includes voice usage services and voice value-added services. The Company's data businesses include short message services, multimedia message services, wireless data traffic services, wireline broadband services, and applications and information services. The Company provides a range of mobile services in over 30 provinces, autonomous regions and directly-administered municipalities in Mainland China, as well as in Hong Kong. The Company's mobile customers include approximately 833.9 million. It supports transmissions using the second generation standard, third generation standard and fourth generation standard.

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