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<Research>Citi Keeps Buy on CNOOC, Lifts TP to HKD33
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4
Positive
6
Negative
9
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In light of an upward revision in oil price forecasts, Citi published a research report raising its 2026 and 2027 earnings forecasts for CNOOC (00883.HK) by 21% and 35%, respectively.

CNOOC's target price has increased from HKD24 to HKD33, with a Buy rating remaining in place.

Related News CNOOC (00883.HK) Full-Year Net Profit Falls 11.5% to RMB122.08 Billion, Final Dividend HKD0.55

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