China Petroleum & Chemical (NYSE:SNP) was upgraded by equities researchers at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday.
A number of other research analysts have also recently commented on the stock. Nomura started coverage on shares of China Petroleum & Chemical in a research note on Wednesday, December 6th. They set a “neutral” rating for the company. Zacks Investment Research cut shares of China Petroleum & Chemical from a “buy” rating to a “hold” rating in a research note on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $82.00.
China Petroleum & Chemical (NYSE SNP) opened at $76.14 on Wednesday. The company has a market cap of $88,829.95, a PE ratio of 11.38, a price-to-earnings-growth ratio of 1.65 and a beta of 1.27. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.61 and a current ratio of 0.97. China Petroleum & Chemical has a one year low of $69.60 and a one year high of $84.88.
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About China Petroleum & Chemical
China Petroleum & Chemical Corporation is a China-based energy and chemical company. The Company’s segments include Exploration and Development segment, Refining segment, Marketing and Distribution segment, Chemicals segment, and Corporate and Others segment. Exploration and Development segment explores and develops oil fields, as well as produces crude oil and natural gas.
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