Summary of China Telecom Corporation Limited (NYSE:CHA) Ratings

May 17, 2018 - By Megan Stone

China Telecom Corporation Limited (NYSE:CHA) Corporate Logo

China Telecom Corporation Limited (NYSE:CHA) Ratings Coverage

In total 3 analysts cover China Telecom Corp Ltd ADS (NYSE:CHA). “Buy” rating has 2, “Sell” are 0, while 1 are “Hold”. 67% are bullish. 3 are the (NYSE:CHA)’s analyst reports since March 12, 2018 according to StockzIntelligence Inc. On Monday, March 12 the stock of China Telecom Corporation Limited (NYSE:CHA) has “Neutral” rating given by Nomura. The stock rating was upgraded by CLSA to “Buy” on Wednesday, March 28. On Thursday, March 29 the company was upgraded by Jefferies. Listed here are China Telecom Corporation Limited (NYSE:CHA) PTs and latest ratings.

29/03/2018 Broker: Jefferies Rating: Buy Upgrade
28/03/2018 Broker: CLSA Rating: Buy Upgrade
12/03/2018 Broker: Nomura Old Rating: Buy New Rating: Neutral Downgrade

The stock decreased 0.83% or $0.4 during the last trading session, hitting $47.89.Currently China Telecom Corporation Limited is downtrending after 12.18% change in last May 17, 2017. CHA has also 2,852 shares volume. CHA underperformed the S&P500 by 23.73%.

China Telecom Corporation Limited, together with its subsidiaries, provides wireline and mobile telecommunications services primarily in the PeopleÂ’s Republic of China.The firm is valued at $38.40 billion. It offers wireline voice services, including local wireline telephone services and long distance wireline services; CDMA mobile voice services, such as local calls, domestic and international long distance calls, intra-provincial roaming, and inter-provincial roaming and international roaming; wireline Internet access services comprising dial-up and broadband services; wireless Internet access services; and wireline, Internet, and mobile value-added services.13.3 is the P/E ratio. The firm also provides Best Tone information services; and information technology integrated solutions, such as system integration, outsourcing, special advisory, information application, knowledge, and software development services.

Another two news for China Telecom Corporation Limited (NYSE:CHA) were briefly posted by: Nasdaq.com on April 23, 2018 with title “3-Plus Customer-Facing 5G Stocks You Didn’t Know About”. The other Prnewswire.com‘s article was titled “China Telecom Corporation Limited 2017 Annual Report on Form 20-F Filed with the SEC” and posted on April 27, 2018.

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