Zacks Rating on China Mobile (Hong Kong) Ltd. (CHL)

China Mobile (Hong Kong) Ltd. (CHL) : 2 analysts are covering China Mobile (Hong Kong) Ltd. (CHL) and their average rating on the stock is 1, which is read as a Strong Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels.

China Mobile (Hong Kong) Ltd. (CHL) : 2 investment research analysts covering China Mobile (Hong Kong) Ltd. (CHL) have an average price target of $73.16 for the near short term. The highest target price given by the Brokerage Firm to the stock is $77 and the lowest target is $69 for the short term. Analysts expect the variance to be within $6.02 of the average price.


Shares of China Mobile Limited rose by 0.22% in the last five trading days and 0.61% for the last 4 weeks. China Mobile Limited is up 15.29% in the last 3-month period. Year-to-Date the stock performance stands at 12.94%. China Mobile (Hong Kong) Ltd. (NYSE:CHL): On Tuesdays trading session , Opening price of the stock was $63.13 with an intraday high of $63.34. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $62.7. However, the stock managed to close at $62.74, a loss of 0.27% for the day. On the previous day, the stock had closed at $62.91. The total traded volume of the day was 388,795 shares.

China Mobile Limited is an investment holding company. The Company is engaged in providing mobile telecommunications and related services in 31 provinces, autonomous regions and directly-administered municipalities in Mainland China and Hong Kong Special Administrative Region through its subsidiaries. The Companys business is divided into voice services and data services. The Companys customer service hotline offers assistance on different mobile service difficulties, handles all enquires and subscription of a range of mobile phone services. Its voice services include the business where its customers make and receive calls with a mobile phone at its mobile telecommunications networks. Its data services include Short Message Services and Multimedia Messaging Service, Wireless Data Traffic, Applications and Information Services.

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