Sinopec (SNP) Receiving Somewhat Favorable Media Coverage, Analysis Finds

News coverage about Sinopec (NYSE:SNP) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sinopec earned a news impact score of 0.24 on Accern’s scale. Accern also assigned headlines about the oil and gas company an impact score of 45.2046402796005 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

SNP has been the subject of a number of recent research reports. Macquarie cut shares of Sinopec from an “outperform” rating to a “neutral” rating in a research note on Tuesday, January 9th. ValuEngine upgraded shares of Sinopec from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, April 3rd. HSBC cut shares of Sinopec from a “buy” rating to a “hold” rating in a research note on Tuesday, January 23rd. Zacks Investment Research cut shares of Sinopec from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 2nd. Finally, Jefferies Group upgraded shares of Sinopec from a “hold” rating to a “buy” rating in a research note on Wednesday, January 17th. One research analyst has rated the stock with a sell rating, one has given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $97.00.

Shares of SNP stock traded down $0.97 during mid-day trading on Friday, hitting $96.56. The stock had a trading volume of 110,401 shares, compared to its average volume of 193,534. Sinopec has a fifty-two week low of $69.60 and a fifty-two week high of $97.94. The stock has a market capitalization of $116,906.35, a PE ratio of 17.34, a price-to-earnings-growth ratio of 2.14 and a beta of 1.29. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.59 and a current ratio of 0.91.

The company also recently announced a Semi-Annual dividend, which will be paid on Thursday, June 21st. Stockholders of record on Friday, May 25th will be paid a $4.568 dividend. The ex-dividend date is Thursday, May 24th. Sinopec’s dividend payout ratio (DPR) is presently 63.73%.

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About Sinopec

China Petroleum & Chemical Corporation is a China-based energy and chemical company. The Company’s segments include Exploration and Development segment, Refining segment, Marketing and Distribution segment, Chemicals segment, and Corporate and Others segment. Exploration and Development segment explores and develops oil fields, as well as produces crude oil and natural gas.

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