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NYSE: CHL
China Mobile Ltd Stock Forecast, Predictions & Price Target

Analyst price target for CHL

Based on 1 analysts offering 12 month price targets for China Mobile Ltd.
Min Forecast
$58.00+110.83%
Avg Forecast
$58.00+110.83%
Max Forecast
$58.00+110.83%

Should I buy or sell CHL stock?

Strong Buy
Strong Buy
2 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Forecast return on equity

Is CHL forecast to generate an efficient return?
Company
65.97%
Industry
69.84%
Market
62.25%
CHL's Return on Equity is forecast to be high in 4 years (65.97%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is CHL forecast to generate an efficient return on assets?
Company
44.69%
Industry
29.18%
Market
19.66%
CHL is forecast to generate higher Return on Assets (44.69%) than the US Telecom Services industry average (29.18%)
Forecast

CHL earnings per share forecast

What is CHL's earnings per share in the next 3 years based on estimates from 1 analysts?
Avg 1 year Forecast
$3.92+5.35%
Avg 2 year Forecast
$4.32+16.1%
Avg 3 year Forecast
$4.79+28.73%
CHL's earnings are forecast to grow at a rate of 8.69% per year, which is not exceptional
Forecast

CHL revenue forecast

What is CHL's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$112.7B+5.78%
Avg 2 year Forecast
$118.4B+11.11%
Avg 3 year Forecast
$124.0B+16.32%
CHL's revenue is forecast to grow at a rate of 5.18% per year, which is not exceptional
Forecast

CHL earnings growth forecast

How is CHL forecast to perform vs Telecom Services companies and vs the US market?
Company
8.69%
Industry
21.96%
Market
20.47%
CHL's earnings are forecast to grow slower (8.69% per year) than the US Telecom Services industry average (21.96%)
Forecast
CHL's earnings are forecast to grow slower (8.69% per year) than the US market average (20.47%)
Forecast
CHL's earnings are forecast to grow faster (8.69% per year) than the risk-free savings rate (1.1%)
Forecast

CHL revenue growth forecast

How is CHL forecast to perform vs Telecom Services companies and vs the US market?
Company
5.18%
Industry
3.65%
Market
14.48%
CHL's revenues are forecast to grow faster (5.18% per year) than the US Telecom Services industry average (3.65%)
Forecast
CHL's revenues are forecast to grow slower (5.18% per year) than the US market average (14.48%)
Forecast

China Mobile Ltd Stock Forecast FAQ

Is China Mobile Ltd Stock a good buy in 2019, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: CHL) stock is to Strong Buy CHL stock.

Out of 2 analysts, 2 (100%) are recommending CHL as a Strong Buy, 0 (0%) are recommending CHL as a Buy, 0 (0%) are recommending CHL as a Hold, 0 (0%) are recommending CHL as a Sell, and 0 (0%) are recommending CHL as a Strong Sell.

What is CHL's Price Target?

According to 1 Wall Street analysts that have issued a 1 year CHL price target, the average CHL price target is $58.00, with the highest CHL stock price forecast at $58.00 and the lowest CHL stock price forecast at $58.00.

On average, Wall Street analysts predict that China Mobile Ltd's share price could reach $58.00 by Aug 12, 2021. The average China Mobile Ltd stock price prediction forecasts a potential upside of 110.83% from the current CHL share price of $27.51.

What is CHL's earnings growth forecast for 2021-2023?

(NYSE: CHL) China Mobile Ltd's forecast annual earnings growth rate of 8.69% is not forecast to beat the US Telecom Services industry's average forecast earnings growth rate of 21.96%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.47%.

China Mobile Ltd's earnings in 2019 is $15,234,428,571.On average, 1 Wall Street analysts forecast CHL's earnings for 2021 to be $80,263,892,956, with the lowest CHL earnings forecast at $80,263,892,956, and the highest CHL earnings forecast at $80,263,892,956. On average, 1 Wall Street analysts forecast CHL's earnings for 2022 to be $88,454,086,115, with the lowest CHL earnings forecast at $88,454,086,115, and the highest CHL earnings forecast at $88,454,086,115.

In 2023, CHL is forecast to generate $98,077,563,077 in earnings, with the lowest earnings forecast at $98,077,563,077 and the highest earnings forecast at $98,077,563,077.

What is CHL's revenue growth forecast for 2021-2023?

(NYSE: CHL) China Mobile Ltd's forecast annual revenue growth rate of 5.18% is forecast to beat the US Telecom Services industry's average forecast revenue growth rate of 3.65%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.48%.

China Mobile Ltd's revenue in 2019 is $106,559,571,429.On average, 2 Wall Street analysts forecast CHL's revenue for 2021 to be $2,307,885,864,542,196, with the lowest CHL revenue forecast at $2,302,529,478,216,341, and the highest CHL revenue forecast at $2,313,242,250,868,051. On average, 2 Wall Street analysts forecast CHL's revenue for 2022 to be $2,424,284,889,715,062, with the lowest CHL revenue forecast at $2,394,368,161,654,255, and the highest CHL revenue forecast at $2,454,201,617,775,869.

In 2023, CHL is forecast to generate $2,537,956,580,566,047 in revenue, with the lowest revenue forecast at $2,537,956,580,566,047 and the highest revenue forecast at $2,537,956,580,566,047.

What is CHL's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: CHL) China Mobile Ltd's current Earnings Per Share (EPS) is $3.72. On average, analysts forecast that CHL's EPS will be $3.92 for 2021, with the lowest EPS forecast at $3.92, and the highest EPS forecast at $3.92. On average, analysts forecast that CHL's EPS will be $4.32 for 2022, with the lowest EPS forecast at $4.32, and the highest EPS forecast at $4.32. In 2023, CHL's EPS is forecast to hit $4.79 (min: $4.79, max: $4.79).

What is CHL's forecast return on equity (ROE) for 2021-2024?

(NYSE: CHL) forecast ROE is 65.97%, which is considered strong.

What is CHL's forecast return on assets (ROA) for 2021-2024?

(NYSE: CHL) forecast ROA is 44.69%, which is higher than the forecast US Telecom Services industry average of 29.18%.
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