Somewhat Favorable Press Coverage Somewhat Unlikely to Impact China Unicom (Hong Kong) (CHU) Stock Price

News headlines about China Unicom (Hong Kong) (NYSE:CHU) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. China Unicom (Hong Kong) earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the Wireless communications provider an impact score of 46.2558872406591 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:

China Unicom (NYSE:CHU) opened at $15.51 on Tuesday. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.14. China Unicom has a fifty-two week low of $10.85 and a fifty-two week high of $16.55.

A number of research firms have weighed in on CHU. Nomura raised shares of China Unicom (Hong Kong) from a “reduce” rating to a “neutral” rating in a report on Thursday, October 26th. Zacks Investment Research cut shares of China Unicom (Hong Kong) from a “buy” rating to a “hold” rating in a research note on Wednesday, September 20th. Bank of America Corporation began coverage on shares of China Unicom (Hong Kong) in a research note on Wednesday, August 30th. They set a “neutral” rating for the company. BidaskClub raised shares of China Unicom (Hong Kong) from a “hold” rating to a “buy” rating in a research note on Wednesday, August 23rd. Finally, J P Morgan Chase & Co cut shares of China Unicom (Hong Kong) from a “neutral” rating to an “underweight” rating in a research note on Monday, August 21st. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $16.00.

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China Unicom (Hong Kong) Company Profile

China Unicom (Hong Kong) Limited is a Hong Kong-based investment holding company principally engaged in the provision of telecommunications services. The Company’s businesses include mobile businesses, fixed-line businesses and others. Its mobile businesses include the provision of call services, roaming services, mobile broadband services, traditional value-added services such as short message services, multimedia message services and wireless Internet access card, as well as new value-added services such as mobile music, mobile television and Wo portal services.

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