Summary of China Telecom Corporation Limited (NYSE:CHA) Ratings as of May 17, 2018

May 17, 2018 - By Shelly Brooks

China Telecom Corporation Limited (NYSE:CHA) Corporate Logo

China Telecom Corporation Limited (NYSE:CHA) Ratings Coverage

A total of 3 analysts rate China Telecom Corp Ltd ADS (NYSE:CHA) as follows: 2 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 67% are bullish. (NYSE:CHA) has 3 ratings reports on May 17, 2018 according to StockzIntelligence. The company rating was downgraded by Nomura on Monday, March 12. On Thursday, March 29 the firm earned “Buy” rating by Jefferies. On Wednesday, March 28 CLSA upgraded China Telecom Corporation Limited (NYSE:CHA) to “Buy” rating. 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

CHA is reaching $47.89 during the last trading session, after decreased 0.83%.Currently China Telecom Corporation Limited is downtrending after 12.18% change in last May 17, 2017. CHA has also 2,852 shares volume. The stock 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 worth $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.The P/E ratio is 13.3. 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 recently brought out by: Prnewswire.com on April 27, 2018 with title “China Telecom Corporation Limited 2017 Annual Report on Form 20-F Filed with the SEC”. The other Nasdaq.com‘s article was titled “3-Plus Customer-Facing 5G Stocks You Didn’t Know About” and brought out on April 23, 2018.

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