News stories about China Petroleum & Chemical (NYSE:SNP) have been trending positive recently, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. China Petroleum & Chemical earned a news sentiment score of 0.29 on Accern’s scale. Accern also gave news stories about the oil and gas company an impact score of 46.644584271828 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

A number of analysts recently commented on SNP shares. Macquarie downgraded shares of China Petroleum & Chemical from an “outperform” rating to a “neutral” rating in a report on Tuesday, January 9th. HSBC downgraded shares of China Petroleum & Chemical from a “buy” rating to a “hold” rating in a report on Tuesday, January 23rd. Zacks Investment Research downgraded shares of China Petroleum & Chemical from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 2nd. ValuEngine raised shares of China Petroleum & Chemical from a “hold” rating to a “buy” rating in a report on Wednesday, January 3rd. Finally, Jefferies Group raised shares of China Petroleum & Chemical from a “hold” rating to a “buy” rating in a report on Wednesday, January 17th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $93.00.

Shares of China Petroleum & Chemical (NYSE:SNP) traded down $1.56 during midday trading on Tuesday, hitting $77.13. 251,647 shares of the company’s stock traded hands, compared to its average volume of 213,652. China Petroleum & Chemical has a 12 month low of $69.60 and a 12 month high of $89.68. The stock has a market capitalization of $112,400.00, a P/E ratio of 10.58, a PEG ratio of 1.93 and a beta of 1.39. The company has a quick ratio of 0.61, a current ratio of 0.97 and a debt-to-equity ratio of 0.14.

TRADEMARK VIOLATION WARNING: “Favorable News Coverage Somewhat Unlikely to Impact China Petroleum & Chemical (SNP) Share Price” was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this report on another site, it was illegally copied and republished in violation of US and international copyright and trademark legislation. The correct version of this report can be viewed at https://www.thecerbatgem.com/2018/02/13/favorable-news-coverage-somewhat-unlikely-to-impact-china-petroleum-chemical-snp-share-price.html.

About China Petroleum & Chemical

China Petroleum & Chemical Corporation is a China-based energy and chemical company. The Company’s segments include Exploration and Development segment, Refining segment, Marketing and Distribution segment, Chemicals segment, and Corporate and Others segment. Exploration and Development segment explores and develops oil fields, as well as produces crude oil and natural gas.

Insider Buying and Selling by Quarter for China Petroleum & Chemical (NYSE:SNP)

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