China Petroleum (SNP) stock forecast for 2024. Forecast tables and graphs.







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China Petroleum (SNP) stock forecast for 2024

Updated: June 16, 2023 (09:16)

Sector: Energy

The share price of China Petroleum & Chemical Corp. (SNP) now

What analysts predict: $
52-week High/Low: $ / $

50/200 Day Moving Average: $ / $

This figure corresponds to the Average Price over the previous 50/200 days. For China Petroleum stocks, the 50-day moving average is the support level today.

For China Petroleum stocks, the 200-day moving average is the support level today.

Are you interested in China Petroleum & Chemical Corp. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the China Petroleum stock price in 2024. How much will one China Petroleum share be worth in 2024? Is it worth taking profit / loss on SNP stock now or waiting? What are analysts' forecasts for China Petroleum stock?

We forecast China Petroleum stock performance using neural networks based on historical data on SNP stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.

China Petroleum & Chemical Corp. stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for China Petroleum analysts is $. Today 200 Day Moving Average is the support level ( $). 50 Day Moving Average is the support level ( $).




Historical and forecast chart of China Petroleum & Chemical Corp. stock

The chart below shows the historical price of China Petroleum stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the SNP stock price can be found in the table below.


Sell or Buy China Petroleum (SNP) stocks? Analytic Experts Forecasting...

We present you the most up-to-date and complete review of analytical trend forecasts and views on the SNP stock market. Experts share their opinions on what to expect.

China Petroleum & Chemical Corporation, an energy and chemical company, is engaged in oil, gas and chemical activities in the People’s Republic of China. It operates in five segments: exploration and production, refining, marketing and distribution, chemical industry, corporate and others. The company is engaged in the exploration and development of oil fields, the extraction of crude oil and natural gas, the refining and refining of crude oil, the production and sale of petroleum products. It also owns and operates oil depots and service stations, and distributes and sells non-oil products, including gasoline and diesel, through wholesale and retail trade networks.

China Petroleum (SNP) Forecast for 2024

Month Target Pes. Opt. Vol., %
Jan 51.99 48.19 53.03 9.13 %
Feb 52.38 51.04 56.37 9.45 %
Mar 52.93 51.72 55.24 6.37 %
Apr 49.61 46.78 52.25 10.46 %
May 49.66 47.07 50.79 7.34 %
Jun 46.36 44.86 49.66 9.67 %
Jul 48.08 46.80 49.86 6.14 %
Aug 50.77 48.31 53.95 10.46 %
Sep 48.36 44.73 49.92 10.40 %
Oct 47.53 45.59 49.97 8.77 %
Nov 51.23 49.92 53.47 6.64 %
Dec 56.05 53.28 59.83 10.95 %

China Petroleum information and performance

China Petroleum Address

N/A

Market Capitalization: N/A $

Market capitalization of the China Petroleum & Chemical Corp. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of SNP shares in the company outstanding by the market price of one share.

EBITDA: N/A $

EBITDA of China Petroleum is earnings before interest, income tax and depreciation of assets.

PE Ratio: N/A

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: N/A

Price/earnings to growth

DPS: N/A

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: N/A

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: N/A

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A
Quarterly Revenue Growth YOY: N/A
Trailing PE: N/A

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: N/A

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: N/A

Enterprise Value (EV) /Revenue

EV To EBITDA: N/A

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: N/A

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

China Petroleum price target for 2024 by month


Target values for the price of one China Petroleum share for Jan 2024.

The weighted average target price per China Petroleum share in Jan 2024 is: 51.99.
In Jan, the Positive dynamics for China Petroleum & Chemical Corp. shares will prevail with possible monthly volatility of 9.128% volatility is expected.
Pessimistic target level: 48.19
Optimistic target level: 53.03

Target values for the price of one China Petroleum share for Feb 2024.

The weighted average target price per China Petroleum share in Feb 2024 is: 52.38.
In Feb, the Positive dynamics for China Petroleum & Chemical Corp. shares will prevail with possible monthly volatility of 9.447% volatility is expected.
Pessimistic target level: 51.04
Optimistic target level: 56.37

Target values for the price of one China Petroleum share for Mar 2024.

The weighted average target price per China Petroleum share in Mar 2024 is: 52.93.
In Mar, the Positive dynamics for China Petroleum & Chemical Corp. shares will prevail with possible monthly volatility of 6.372% volatility is expected.
Pessimistic target level: 51.72
Optimistic target level: 55.24

Target values for the price of one China Petroleum share for Apr 2024.

The weighted average target price per China Petroleum share in Apr 2024 is: 49.61.
In Apr, the Negative dynamics for China Petroleum & Chemical Corp. shares will prevail with possible monthly volatility of 10.463% volatility is expected.
Pessimistic target level: 46.78
Optimistic target level: 52.25

Target values for the price of one China Petroleum share for May 2024.

The weighted average target price per China Petroleum share in May 2024 is: 49.66.
In May, the Positive dynamics for China Petroleum & Chemical Corp. shares will prevail with possible monthly volatility of 7.338% volatility is expected.
Pessimistic target level: 47.07
Optimistic target level: 50.79

Target values for the price of one China Petroleum share for Jun 2024.

The weighted average target price per China Petroleum share in Jun 2024 is: 46.36.
In Jun, the Negative dynamics for China Petroleum & Chemical Corp. shares will prevail with possible monthly volatility of 9.666% volatility is expected.
Pessimistic target level: 44.86
Optimistic target level: 49.66

Target values for the price of one China Petroleum share for Jul 2024.

The weighted average target price per China Petroleum share in Jul 2024 is: 48.08.
In Jul, the Positive dynamics for China Petroleum & Chemical Corp. shares will prevail with possible monthly volatility of 6.138% volatility is expected.
Pessimistic target level: 46.80
Optimistic target level: 49.86

Target values for the price of one China Petroleum share for Aug 2024.

The weighted average target price per China Petroleum share in Aug 2024 is: 50.77.
In Aug, the Positive dynamics for China Petroleum & Chemical Corp. shares will prevail with possible monthly volatility of 10.459% volatility is expected.
Pessimistic target level: 48.31
Optimistic target level: 53.95

Target values for the price of one China Petroleum share for Sep 2024.

The weighted average target price per China Petroleum share in Sep 2024 is: 48.36.
In Sep, the Negative dynamics for China Petroleum & Chemical Corp. shares will prevail with possible monthly volatility of 10.399% volatility is expected.
Pessimistic target level: 44.73
Optimistic target level: 49.92

Target values for the price of one China Petroleum share for Oct 2024.

The weighted average target price per China Petroleum share in Oct 2024 is: 47.53.
In Oct, the Negative dynamics for China Petroleum & Chemical Corp. shares will prevail with possible monthly volatility of 8.765% volatility is expected.
Pessimistic target level: 45.59
Optimistic target level: 49.97

Target values for the price of one China Petroleum share for Nov 2024.

The weighted average target price per China Petroleum share in Nov 2024 is: 51.23.
In Nov, the Positive dynamics for China Petroleum & Chemical Corp. shares will prevail with possible monthly volatility of 6.644% volatility is expected.
Pessimistic target level: 49.92
Optimistic target level: 53.47

Target values for the price of one China Petroleum share for Dec 2024.

The weighted average target price per China Petroleum share in Dec 2024 is: 56.05.
In Dec, the Positive dynamics for China Petroleum & Chemical Corp. shares will prevail with possible monthly volatility of 10.947% volatility is expected.
Pessimistic target level: 53.28
Optimistic target level: 59.83



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.