China Telecom Corp (CHA) Earning Somewhat Favorable Media Coverage, Analysis Shows

News articles about China Telecom Corp (NYSE:CHA) have been trending somewhat positive on Saturday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. China Telecom Corp earned a news impact score of 0.09 on Accern’s scale. Accern also assigned news headlines about the utilities provider an impact score of 45.4890478396114 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Several research firms have weighed in on CHA. BidaskClub upgraded China Telecom Corp from a “sell” rating to a “hold” rating in a research note on Wednesday. Zacks Investment Research downgraded China Telecom Corp from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 23rd. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. China Telecom Corp currently has a consensus rating of “Buy” and a consensus price target of $54.00.

Shares of China Telecom Corp (NYSE:CHA) traded up 0.64% during mid-day trading on Friday, hitting $47.30. The stock had a trading volume of 24,384 shares. The firm has a 50 day moving average price of $47.72 and a 200 day moving average price of $48.34. The firm has a market cap of $38.28 billion, a PE ratio of 14.33 and a beta of 0.65. China Telecom Corp has a 52-week low of $45.58 and a 52-week high of $53.84.

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China Telecom Corp Company Profile

China Telecom Corporation Limited is an investment holding company principally engaged in telecommunications and related businesses. The Company provides integrated information services, including wireline and mobile telecommunications services, Internet access services, information services and other value-added telecommunications services.

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