China Mobile (CHL) Receives Daily News Impact Rating of 0.27

Media headlines about China Mobile (NYSE:CHL) have been trending positive on Thursday, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. China Mobile earned a news sentiment score of 0.27 on Accern’s scale. Accern also assigned news headlines about the Wireless communications provider an impact score of 46.1063643932723 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the news articles that may have impacted Accern Sentiment’s rankings:

Shares of CHL stock traded up $1.17 during mid-day trading on Thursday, hitting $46.32. 1,164,900 shares of the stock traded hands, compared to its average volume of 843,918. China Mobile has a 52-week low of $43.25 and a 52-week high of $56.65.

Several analysts have commented on CHL shares. Zacks Investment Research raised shares of China Mobile from a “hold” rating to a “buy” rating and set a $51.00 price target for the company in a research report on Monday. BNP Paribas lowered shares of China Mobile from a “buy” rating to a “hold” rating in a research report on Tuesday, July 31st. ValuEngine lowered shares of China Mobile from a “buy” rating to a “hold” rating in a research report on Wednesday, May 2nd. Finally, Mizuho lowered shares of China Mobile from a “buy” rating to a “neutral” rating in a research report on Thursday, June 7th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $51.00.

About China Mobile

China Mobile Limited, an investment holding company, provides mobile telecommunications and related services in Mainland China and Hong Kong. The company offers voice services, including 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.

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