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58033 CI#HSI RP25052 (R BEAR)
RT Nominal down0.013 -0.014 (-51.852%)

05/11/2024 15:42

{I-bank focus}Citi raises CNOOC (00883) to HKD24

[ET Net News Agency, 5 November 2024] Citi raised the target price for CNOOC (00883) to
HKD24 from HKD23 and maintained the "buy" rating.
The research house said oil prices have been on a downward trend, and since CNOOC
operates as a pure play E&P company, it is likely to be adversely affected by fluctuations
in oil prices. (rc)

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