Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Real-Time Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00883 CNOOC
RTNominal down8.630 -0.170 (-1.932%)

17/12/2019 11:58

{I-bank focus}Credit Suisse raises CNOOC (00883) to HK$16.5

[ET Net News Agency, 17 December 2019] Credit Suisse raised its target price for CNOOC
(00883) to HK$16.5 from HK$16 and reiterated its "outperform" rating.
The research house expects CNOOC management to paint an upbeat tone at its upcoming 2020
Strategy Preview on 13 January 2020. This should be a near-term catalyst for the stock
after it has de-rated, undeservedly, along with the Energy Sector in 2019.
Credit Suisse expects CNOOC to raise its 2020-21 production guidance by 3%, driven by a
number of new projects coming on stream plus better-than-expected 2019 volume which is 2%
above target. It revised up its 2020-21 EPS estimates by 2-3%. (KL)

Remark: Real time quote last updated: 29/05/2020 17:58
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2020 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.