China Petroleum & Chemical (NYSE:SNP) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday.
A number of other research firms have also recently weighed in on SNP. Nomura started coverage on shares of China Petroleum & Chemical in a research note on Wednesday, December 6th. They issued a “neutral” rating on the stock. Zacks Investment Research cut shares of China Petroleum & Chemical from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. One analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $82.00.
China Petroleum & Chemical (SNP) traded up $2.24 during midday trading on Wednesday, reaching $78.90. 147,400 shares of the company were exchanged, compared to its average volume of 147,100. The company has a market capitalization of $92,813.19, a PE ratio of 11.79, a P/E/G ratio of 1.71 and a beta of 1.27. China Petroleum & Chemical has a twelve month low of $69.60 and a twelve month high of $84.88. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.61 and a current ratio of 0.97.
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China Petroleum & Chemical Company Profile
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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