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<Research>CLSA:PETROCHINA (00857.HK) TP Added to $8.8 as Div. Outlook & Stability Outrun Peers
Recommend 13 Positive 32 Negative 8 |
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PETROCHINA (00857.HK) showed stable and resilient earnings in 3Q25 results despite oil market fluctuations, which may favor investors that pursue stable and higher dividend yield, according to CLSA's research report. PETROCHINA's dividend outlook and stability are the best among its peers. Therefore, PETROCHINA is deemed as the top pick among the 3 Oils. The broker added its target prices for PETROCHINA's H-/ A-shares from $8.6/ RMB11.9 to $8.8/ RMB12, with ratings reiterated at Outperform. AASTOCKS Financial News Website: www.aastocks.com |
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