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28220 CICNOOC@EC2509A (CALL)
RT Nominal unchange0.044 0.000 (0.000%)

26/04/2024 15:33

{I-bank focus}UBS raises CNOOC (00883) to HKD26.3

[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)

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