
Bank of China Sticks to Their Buy Rating for CNOOC Limited (NC2B)

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Bank of China has reaffirmed its Buy rating for CNOOC Limited, setting a price target of HK$32.28, while the stock closed at HK$29.06. The overall analyst consensus for CNOOC is a Strong Buy with an average price target of €3.36, indicating a potential downside of 88.44%. UBS also maintains a Buy rating with a price target of HK$37.80.
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