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<Research>BOCI Upgrades CNOOC (00883.HK) to Buy, Raises TP to HKD18.76
Recommend 14 Positive 7 Negative 15 |
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BOCI released a research report on CNOOC (00883.HK), which saw its profit proliferate by 50% to RMB20.3 billion in 2025, with in-line core earnings. After a plunge in CNOOC's stock price over the past four weeks, the valuation has become attractive again, the broker observed. The broker hiked its core earnings forecast for 2026-27 by 7-9%, increasing the target price from HKD16.96 to HKD18.76, and upgraded the stock from Hold to Buy. This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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