NYSE:CHL - China Mobile Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $49.00
  • Forecasted Upside: 78.12 %
  • Number of Analysts: 2
  • Breakdown:
  • 1 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$27.51
+0.30 (1.20%)
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Analyst Price Target for CHL

Analyst Price Target is $49.00
▲ +78.12% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for China Mobile in the last 3 months. The average price target is $49.00, with a high forecast of $49.00 and a low forecast of $49.00. The average price target represents a 78.12% upside from the last price of $27.51.

This chart shows the closing price for CHL for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Hold

The current consensus among 2 polled investment analysts is to hold stock in China Mobile. This rating has held steady since February 2020, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 1 sell ratings
12/29/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 1 sell ratings
3/28/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
6/26/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
9/24/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
12/23/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings
3/23/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings
5/22/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings
6/21/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/17/2020NomuraReiterated RatingBuyLow
7/13/2020New Street ResearchDowngradeNeutral ➝ Reduce$49.00Low
3/20/2020JPMorgan Chase & Co.UpgradeBuyHigh
3/19/2020New Street ResearchUpgradeReduce ➝ BuyMedium
8/15/2019Sanford C. BernsteinUpgradeMarket Perform ➝ OutperformLow
8/8/2019JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralMedium
8/8/2019MizuhoUpgradeUnderperform ➝ NeutralMedium
5/8/2019Credit Suisse GroupUpgradeNeutral ➝ Outperform$46.65Low
4/15/2019The Goldman Sachs GroupDowngradeBuy ➝ Neutral$64.00 ➝ $55.00Low
3/22/2019CitigroupReiterated RatingBuyLow
3/21/2019HSBCDowngradeBuy ➝ HoldMedium
3/11/2019Jefferies Financial GroupUpgradeHold ➝ BuyLow
2/13/2019BNP ParibasDowngradeOutperform ➝ NeutralLow
2/11/2019New Street ResearchDowngradeNeutral ➝ ReduceLow
1/22/2019New Street ResearchDowngradeBuy ➝ NeutralMedium
1/7/2019Nomura SecuritiesUpgradeNeutral ➝ BuyLow
11/19/2018MizuhoDowngradeNeutral ➝ UnderperformLow
10/26/2018Credit Suisse GroupDowngradeOutperform ➝ NeutralLow
7/31/2018BNP ParibasDowngradeBuy ➝ HoldMedium
6/7/2018MizuhoDowngradeBuy ➝ NeutralLow
3/22/2018Jefferies Financial GroupUpgradeUnderperform ➝ HoldMedium
3/12/2018Nomura SecuritiesDowngradeBuy ➝ NeutralLow
3/5/2018HSBCUpgradeHold ➝ BuyLow
8/30/2017Bank of AmericaInitiated CoverageBuyLow
7/5/2017Morgan StanleyDowngradeOverweight ➝ UnderweightLow
1/31/2017Deutsche Bank AktiengesellschaftUpgradeHold ➝ BuyN/A
11/14/2016Deutsche Bank AktiengesellschaftUpgradeHold ➝ BuyN/A
10/27/2016Sanford C. BernsteinDowngradeOutperform ➝ Market PerformN/A
9/22/2016The Goldman Sachs GroupDowngradeBuy ➝ NeutralN/A
8/10/2016The Goldman Sachs GroupDowngradeConviction-Buy ➝ BuyN/A
(Data available from 6/21/2016 forward)
China Mobile logo
China Mobile Limited provides mobile telecommunications and related services in Mainland China and Hong Kong. The company offers local calls; domestic and international long distance calls and roaming services; and value-added services, such as caller identity display, call waiting, conference calls, and others. It also provides wireless Internet service, as well as digital applications comprising music, video, reading, gaming, and animation; wireline broadband services; and wireline voice services. In addition, it offers dedicated line and IDC services to corporate customers in a range of industry sectors; and basic corporate communication products comprising corporate VPMN and SMS, and tailor made solutions. Further, the company provides international telecommunications services, which includes IDD, roaming, Internet, MNC, and value added business services. Additionally, it offers telecommunications network planning, design, and consulting services; roaming clearance, IT system operation, and technology support services; value-added platform development and maintenance services; mobile data, and system integration and development services; network construction and maintenance, network planning and optimizing, and training services; electronic communication products design and sale of related products; and non-banking financial services. It also provides mobile cloud research and development services; call center services; e-payment, e-commerce, and Internet finance services; and mobile Internet digital content services, as well as operates a network and business coordination center. The company serves 950 million mobile customers and 187 million wireline broadband customers. The company was formerly known as China Mobile (Hong Kong) Limited and changed its name to China Mobile Limited in May 2006. The company was incorporated in 1997 and is based in Central, Hong Kong. China Mobile Limited is a subsidiary of China Mobile Hong Kong (BVI) Limited.
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Today's Range

Now: $27.51
Low: $27.51
High: $27.51

50 Day Range

MA: $27.51
Low: $27.51
High: $27.51

52 Week Range

Now: $27.51
Low: $25.35
High: $44.93

Volume

N/A

Average Volume

N/A

Market Capitalization

N/A

P/E Ratio

7.20

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of China Mobile?

The following equities research analysts have issued reports on China Mobile in the last year: New Street Research, Nomura, and Zacks Investment Research.
View the latest analyst ratings for CHL.

What is the current price target for China Mobile?

1 Wall Street analysts have set twelve-month price targets for China Mobile in the last year. Their average twelve-month price target is $49.00, suggesting a possible upside of 78.1%. New Street Research has the highest price target set, predicting CHL will reach $49.00 in the next twelve months. New Street Research has the lowest price target set, forecasting a price of $49.00 for China Mobile in the next year.
View the latest price targets for CHL.

What is the current consensus analyst rating for China Mobile?

China Mobile currently has 1 sell rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CHL, but not buy more shares or sell existing shares.
View the latest ratings for CHL.

What other companies compete with China Mobile?

How do I contact China Mobile's investor relations team?

China Mobile's physical mailing address is 60TH FLOOR THE CENTER 99 QUEENS ROAD CEN, HONG KONG F4, . The Wireless communications provider's listed phone number is 852-3121-8888 and its investor relations email address is [email protected] The official website for China Mobile is www.chinamobileltd.com.