China Mobile (CHL) Earning Somewhat Positive Press Coverage, Report Finds
Headlines about China Mobile (NYSE:CHL) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. China Mobile earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave media headlines about the Wireless communications provider an impact score of 46.0166463694573 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media headlines that may have impacted Accern’s analysis:
- Chinese mobile content aggregator Qutoutiao debuts on Nasdaq (xinhuanet.com)
- Is China Mobile Limited (HKG:941) Attractive At Its Current PE Ratio? (finance.yahoo.com)
- China Mobile: Critical Infrastructure Asset Near 52-Week Lows (seekingalpha.com)
- Hong Kong’s $2.1 Trillion Benchmark Stock Index Tips Into Bear Market (wsj.com)
- Chinese App Meituan Raises $4.2 Billion in IPO (wsj.com)
Several analysts have issued reports on the company. Zacks Investment Research upgraded China Mobile from a “hold” rating to a “buy” rating and set a $51.00 price objective on the stock in a research note on Monday, August 13th. BNP Paribas downgraded China Mobile from a “buy” rating to a “hold” rating in a research report on Tuesday, July 31st. Mizuho downgraded China Mobile from a “buy” rating to a “neutral” rating in a research report on Thursday, June 7th. Finally, ValuEngine downgraded China Mobile from a “hold” rating to a “sell” rating in a report on Friday, June 1st. One analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. China Mobile currently has an average rating of “Hold” and an average price target of $51.00.
The business also recently announced a special dividend, which will be paid on Tuesday, October 9th. Investors of record on Friday, September 7th will be given a dividend of $1.1631 per share. This is a positive change from China Mobile’s previous special dividend of $1.01. This represents a yield of 4.2%. The ex-dividend date of this dividend is Thursday, September 6th. China Mobile’s dividend payout ratio (DPR) is currently 50.61%.
China Mobile Company Profile
There is no company description available for China Mobile Ltd.
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