---
title: "HSBC Reaffirms Their Buy Rating on CNOOC Limited (NC2B)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284857387.md"
description: "HSBC has reaffirmed its Buy rating on CNOOC Limited (NC2B) with a price target of HK$32.30, while the shares closed at HK$28.98. The analyst consensus suggests a Strong Buy rating with an average price target of €3.57, indicating a significant downside. Additionally, DBS also maintained a Buy rating with a price target of HK$34.50."
datetime: "2026-05-01T01:36:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284857387.md)
  - [en](https://longbridge.com/en/news/284857387.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284857387.md)
---

# HSBC Reaffirms Their Buy Rating on CNOOC Limited (NC2B)

In a report released on April 28, from HSBC maintained a Buy rating on CNOOC Limited, with a price target of HK$32.30. The company’s shares closed last Wednesday at HK$28.98.

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The word on The Street in general, suggests a Strong Buy analyst consensus rating for CNOOC Limited with a €3.57 average price target, which is a -87.68% downside from current levels. In a report released on April 29, DBS also maintained a Buy rating on the stock with a HK$34.50 price target.

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