TipRanks cites HKD 4.50 target for China Petroleum & Chemical stock
Published on 10/16/2026 at 15:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSinopec market facts
- TipRanks lists a HKD 4.50 analyst target and a Hold rating for China Petroleum & Chemical.
- China Petroleum & Chemical's board reviews third-quarter results on October 29, 2026.
- China Petroleum & Chemical stock costs EUR 0.51 at Lang & Schwarz on October 16, 2026, unchanged versus the Frankfurt close of October 9, 2026.
- China Petroleum & Chemical had a CNY 667.5 billion market capitalization as of October 16, 2026.
TipRanks lists a Hold rating and a HKD 4.50 target for China Petroleum & Chemical, while the Hong Kong share price was HKD 4.50 on October 16, 2026. The target therefore stood at the market price, a 0.00 percent distance. China Petroleum & Chemical stock was trading at EUR 0.51 at Lang & Schwarz on October 16, 2026 at 2:58 p.m. CEST, unchanged versus the Frankfurt close of October 9, 2026.
Results due October 29
The next scheduled corporate date is the board review of third-quarter 2026 results on October 29, 2026. TipRanks says the board will meet in Beijing to review and consider approval of the figures. That date gives the next clear test for refining, chemicals and marketing performance.
Quarterly earnings remain thin
China Petroleum & Chemical reported CNY 729.9 billion in revenue and CNY 8.83 billion in net income for the second quarter of 2026, according to Simply Wall St. Revenue rose 8.30 percent from the second quarter of 2025, while net income fell 9.70 percent, leaving the earnings mix sensitive to costs and product margins.
Stock price and range
The EUR 0.51 Lang & Schwarz price on October 16, 2026 at 2:58 p.m. CEST sat within the EUR 0.44 to EUR 0.61 52-week range measured on October 9, 2026. The upper end was EUR 0.10 above the euro quotation, while the lower end was EUR 0.07 below it. On the home exchange, the stock last traded at HKD 4.50 on October 16, 2026 at 4:08 p.m. HKT.
Valuation and reporting date
China Petroleum & Chemical had a market capitalization of CNY 667.5 billion, a price-to-earnings ratio of 18.72 and a trailing dividend yield of 0.04 percent as of October 16, 2026. The HKD 4.50 analyst target and the October 29 reporting date put valuation and the next earnings release at the center of the near-term stock view.
Comparison with peers
China Petroleum & Chemical: unchanged, P/E 18.72, market capitalization CNY 667.5 billion.
PetroChina (HKEX, HKD): minus 0.84 percent, P/E 13.29, market capitalization HKD 2.4 trillion.
CNOOC (HKEX, HKD): minus 0.99 percent, P/E 7.11, market capitalization HKD 1.1 trillion.
Market close and next date
The flat euro quotation contrasts with the weaker same-day moves of PetroChina and CNOOC, while China Petroleum & Chemical enters the next reporting date with its market price aligned with the cited HKD 4.50 target. The further course of trading is shown by the continuously updated real-time quote of China Petroleum & Chemical stock.
China Petroleum & Chemical market data
- Company: China Petroleum & Chemical Corporation
- ISIN: CNE1000002Q2
- Ticker: 0386.HK
- Primary exchange: HKEX
- Price Lang & Schwarz (as of October 16, 2026, 2:58 p.m. CEST): EUR 0.51
- Change versus Frankfurt close of October 9, 2026: unchanged
- Market capitalization: CNY 667.5 billion (as of October 16, 2026)
- 52-week range: EUR 0.44-EUR 0.61 (as of October 9, 2026)
- Sector / Industry: Energy / Oil and Gas Integrated
Market context: Current market reports.
