Morgan Stanley lists investment ratings and target price valuation forecasts for Chinese telecom stocks (Table)
Morgan Stanley released a report listing investment ratings and target prices for Chinese telecommunications stocks:
Stock│Investment Rating│Target Price
China Telecom (00728.HK)│Market Perform│HKD 5.5
China Unicom (00762.HK)│Market Perform│HKD 8
China Mobile (00941.HK)│Market Perform│HKD 85
China Tower (00788.HK)│Overweight│HKD 12.5
China Communications Services (00552.HK)│Market Perform│HKD 4.4
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Stock│Forecasted P/E Ratio│Forecasted Dividend Yield
China Telecom│11.7 times│6.3 cents
China Unicom│9.5 times│6 cents
China Mobile│10.4 times│7.3 cents
China Tower│10.6 times│5.9 cents
China Communications Services│7.5 times│5 cents
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