Chunghwa Telecom (NYSE: CHT) was downgraded by research analysts at Credit Suisse (NYSE: CS) from a “neutral” rating to an “underperform” rating in a report issued on Wednesday.
Separately, analysts at Macquarie downgraded shares of Chunghwa Telecom from a “neutral” rating to an “underperform” rating in a research note to investors on Friday, February 3rd. Also, analysts at Zacks Investment Research reiterated a “neutral” rating on shares of Chunghwa Telecom in a research note to investors on Tuesday, December 13rd. They now have a $35.00 price target on the stock.
Shares of Chunghwa Telecom opened at 32.14 on Wednesday. Chunghwa Telecom has a one year low of $28.95 and a one year high of $37.46. The stock’s 50-day moving average is $32.51 and its 200-day moving average is $33.3. The company has a market cap of $24.932 billion and a P/E ratio of 15.53.
Separately, analysts at Macquarie downgraded shares of Chunghwa Telecom from a “neutral” rating to an “underperform” rating in a research note to investors on Friday, February 3rd. Also, analysts at Zacks Investment Research reiterated a “neutral” rating on shares of Chunghwa Telecom in a research note to investors on Tuesday, December 13rd. They now have a $35.00 price target on the stock.
Shares of Chunghwa Telecom opened at 32.14 on Wednesday. Chunghwa Telecom has a one year low of $28.95 and a one year high of $37.46. The stock’s 50-day moving average is $32.51 and its 200-day moving average is $33.3. The company has a market cap of $24.932 billion and a P/E ratio of 15.53.
Chunghwa Telecom (NYSE: CHT) resistance level is $32.60 and support level is $31.20.
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