Chunghwa Telecom (CHT) Stock Forecast & Price Target

$38.00 +0.12 (+0.32%)

(As of 11/22/2024 ET)

Chunghwa Telecom - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 1 Analyst Ratings

Sell
0

Hold
1

Buy
0

Based on 1 Wall Street analysts who have issued ratings for Chunghwa Telecom in the last 12 months, the stock has a consensus rating of "Hold." Out of the 1 analysts, 1 has given a hold rating for CHT.

Consensus Price Target

N/A

Get the Latest News and Ratings for CHT and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Chunghwa Telecom and its competitors.

CHT Analyst Ratings Over Time

Type	Current Forecast 11/26/23 to 11/25/24	1 Month Ago 10/27/23 to 10/26/24	3 Months Ago 8/28/23 to 8/27/24	1 Year Ago 11/26/22 to 11/26/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	N/A
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	N/A
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	N/A
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	N/A
Consensus Price Target	N/A	N/A	N/A	N/A
Forecasted Upside	N/A	N/A	N/A	N/A
Consensus Rating	Hold	Hold	Hold	N/A

Breaking News: Tesla headed to $500… (Ad)

That headline hit late last night…and the rally has begun Which is why we want to urge you to go ahead and download Lance’s e-Book now outlining his bullish case for Tesla.

So to claim your free digital copy today, simply follow this link and enter your email address.

CHT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CHT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Chunghwa Telecom Stock vs. The Competition

Type	Chunghwa Telecom	Utilities Companies	S&P 500
Consensus Rating Score	2.00	2.50	2.50
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	N/A	21.43% Upside	7.66% Upside
News Sentiment Rating	Positive News See Recent CHT News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date	Details
8/6/2024	JPMorgan Chase & Co. 3 of 5 stars		Downgrade	Overweight ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 08:13 AM ET.

Should I Buy Chunghwa Telecom Stock? CHT Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, November 20, 2024. Please send any questions or comments about these Chunghwa Telecom pros and cons to contact@marketbeat.com.

Chunghwa Telecom
Bull Case

Here are some ways that investors could benefit from investing in Chunghwa Telecom Co., Ltd.:

Chunghwa Telecom Co., Ltd. has a stable market presence in Taiwan, providing a wide range of telecommunication services, which can lead to consistent revenue streams.
The current stock price is $38.61, which may present a buying opportunity for investors looking for value in the telecommunications sector.
With a low short percentage of float at 0.0004, there is minimal bearish sentiment in the market, indicating confidence among investors.
The company has shown a slight positive performance over the last 52 weeks, with a growth of 0.008, suggesting resilience in its stock value.
Chunghwa Telecom Co., Ltd. has a diversified business model, operating in various segments such as Consumer, Enterprise, and International Business, which can mitigate risks associated with market fluctuations.

Chunghwa Telecom
Bear Case

Investors should be bearish about investing in Chunghwa Telecom Co., Ltd. for these reasons:

The institutional ownership percentage is relatively low at 0.0223, which may indicate a lack of confidence from larger investors.
There has been a month-to-month change in shares shorted of -0.0931, suggesting that some investors are beginning to bet against the stock.
The average daily volume of shares traded is only 64,700, which may indicate lower liquidity and could lead to higher volatility in the stock price.
Outstanding shares are reported as 0, which could imply a lack of new shares being issued, potentially limiting growth opportunities.
The days to cover is 5.3, indicating that it may take a significant amount of time for short sellers to cover their positions, which could lead to price pressure if sentiment shifts.

CHT Forecast - Frequently Asked Questions

: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chunghwa Telecom in the last twelve months. There is currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CHT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CHT, but not buy additional shares or sell existing shares.
: According to analysts, Chunghwa Telecom's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.
: Analysts like Chunghwa Telecom less than other "utilities" companies. The consensus rating score for Chunghwa Telecom is 2.00 while the average consensus rating score for "utilities" companies is 2.50. Learn more on how CHT compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

I've got news for you… (Ad)

Today, I’m doing something I thought I’d never do… Especially since I’m not normally a “swing for the fences” type of trader. But I’ve been quietly testing a new type of trade for a while now… And the returns are too good not to share with you. Take a look… I can’t guarantee results or against losses, but if you want to discover how I’ll target the triple return before the end of the week

watch this FREE briefing with me and expert trader Graham Lindman

This page (NYSE:CHT) was last updated on 11/25/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Chunghwa Telecom (CHT) Stock Forecast & Price Target