China Petroleum and Chemical (NYSE:SNP) was upgraded by stock analysts at Jefferies Group from a “hold” rating to a “buy” rating in a report issued on Tuesday, TheFlyOnTheWall.com reports.
China Petroleum and Chemical (NYSE:SNP) opened at 81.72 on Tuesday. China Petroleum and Chemical has a 52-week low of $64.7615 and a 52-week high of $94.4692. The stock has a 50-day moving average of $79.97 and a 200-day moving average of $77.23. The company has a market cap of $95.206 billion and a price-to-earnings ratio of 8.51.
SNP has been the subject of a number of other recent research reports. Analysts at Zacks downgraded shares of China Petroleum and Chemical from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, October 15th. They now have a $85.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $85.00.
China Petroleum & Chemical Corporation (NYSE:SNP) is a China-based energy and chemical company.
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