China Petroleum (SNP) stock forecast for 2024

The forecast has been updated: December 2, 2022 8:21


China Petroleum stock price online today

Analyst Target Price

53.33

Dividend Date

30.06.2022

Ex Dividend Date

08.06.2022

Last Split Factor

Last Split Date

01.01.1970

Should you buy or sell China Petroleum stock stock today? What is the projected target price level for 2024? How much will it cost in 2024? China Petroleum stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2024.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $53.33 target price for China Petroleum stock stock.

Today 200 Day Moving Average is the resistance level (48.31 $).

50 Day Moving Average is the resistance level (45.92 $).




SNP Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 41.51 39.86 44.55 10.53 %
Feb 41.27 38.33 42.69 10.20 %
Mar 40.10 37.81 42.99 12.05 %
Apr 40.29 37.99 42.89 11.42 %
May 41.59 40.29 42.97 6.25 %
Jun 41.35 39.90 43.67 8.64 %
Jul 39.62 37.86 40.45 6.42 %
Aug 37.14 35.59 38.41 7.35 %
Sep 34.18 32.49 35.93 9.58 %
Oct 34.70 32.49 36.64 11.33 %
Nov 32.75 31.79 33.50 5.11 %
Dec 35.05 33.26 36.99 10.08 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of China Petroleum stock.


China Petroleum overview

China Petroleum Address

22 CHAOYANGMEN NORTH STREET, CHAOYANG DISTRICT, BEIJING, CHINA

Market Capitalization

71 697 613 000 $

EBITDA

215 382 000 000

PE Ratio

5.08

PEG Ratio

0.45

Dividend Per Share

0.47

Dividend Yield

0.155

EPS

8.99

Quarterly Earnings Growth YOY

-0.017

Quarterly Revenue Growth YOY

0.229

Trailing PE

5.08

Forward PE

5.42

EV To Revenue

0.0325

EV To EBITDA

0.421

52 Week High

50.05

52 Week Low

36.93

50 Day Moving Average

45.92

200 Day Moving Average

48.31

Shares Outstanding

1210710000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

China Petroleum stock forecast for this year


China Petroleum stock forecast for Jan 2024.
Estimated Average Forecasted China Petroleum Price: 41.51. Positive monthly dynamics of the instrument is expected with 10.534% volatility is expected.

Pessimistic forecast: 39.86

Optimistic: 44.55


China Petroleum stock forecast for Feb 2024.
Estimated Average Forecasted China Petroleum Price: 41.27. Negative monthly dynamics of the instrument is expected with 10.196% volatility is expected.

Pessimistic forecast: 38.33

Optimistic: 42.69


China Petroleum stock forecast for Mar 2024.
Estimated Average Forecasted China Petroleum Price: 40.10. Negative monthly dynamics of the instrument is expected with 12.050% volatility is expected.

Pessimistic forecast: 37.81

Optimistic: 42.99


China Petroleum stock forecast for Apr 2024.
Estimated Average Forecasted China Petroleum Price: 40.29. Positive monthly dynamics of the instrument is expected with 11.422% volatility is expected.

Pessimistic forecast: 37.99

Optimistic: 42.89


China Petroleum stock forecast for May 2024.
Estimated Average Forecasted China Petroleum Price: 41.59. Positive monthly dynamics of the instrument is expected with 6.252% volatility is expected.

Pessimistic forecast: 40.29

Optimistic: 42.97


China Petroleum stock forecast for Jun 2024.
Estimated Average Forecasted China Petroleum Price: 41.35. Negative monthly dynamics of the instrument is expected with 8.636% volatility is expected.

Pessimistic forecast: 39.90

Optimistic: 43.67


China Petroleum stock forecast for Jul 2024.
Estimated Average Forecasted China Petroleum Price: 39.62. Negative monthly dynamics of the instrument is expected with 6.421% volatility is expected.

Pessimistic forecast: 37.86

Optimistic: 40.45


China Petroleum stock forecast for Aug 2024.
Estimated Average Forecasted China Petroleum Price: 37.14. Negative monthly dynamics of the instrument is expected with 7.349% volatility is expected.

Pessimistic forecast: 35.59

Optimistic: 38.41


China Petroleum stock forecast for Sep 2024.
Estimated Average Forecasted China Petroleum Price: 34.18. Negative monthly dynamics of the instrument is expected with 9.578% volatility is expected.

Pessimistic forecast: 32.49

Optimistic: 35.93


China Petroleum stock forecast for Oct 2024.
Estimated Average Forecasted China Petroleum Price: 34.70. Positive monthly dynamics of the instrument is expected with 11.335% volatility is expected.

Pessimistic forecast: 32.49

Optimistic: 36.64


China Petroleum stock forecast for Nov 2024.
Estimated Average Forecasted China Petroleum Price: 32.75. Negative monthly dynamics of the instrument is expected with 5.109% volatility is expected.

Pessimistic forecast: 31.79

Optimistic: 33.50


China Petroleum stock forecast for Dec 2024.
Estimated Average Forecasted China Petroleum Price: 35.05. Positive monthly dynamics of the instrument is expected with 10.084% volatility is expected.

Pessimistic forecast: 33.26

Optimistic: 36.99



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