[ET Net News Agency, 26 April 2024] UBS raised the target price for CNOOC (00883) to
HKD26.3 from HKD26 and maintained the "buy" rating.
CNOOC maintains its 2024 full-year production guidance of 700m-720m boe. The research
house said after the strong Q1 growth, it thinks annual output could exceed the upper end
of the guided range. (rc)