OREANDA-NEWS. September 22, 2014. CNOOC Ltd (NYSE:CEO) was upgraded by equities researchers at Jefferies Group from a “hold” rating to a “buy” rating in a research report, TheFlyOnTheWall.com reports.

Other equities research analysts have also recently issued reports about the stock. Analysts at Bernstein upgraded shares of CNOOC Ltd to an “outperform” rating in a research note on Tuesday. Separately, analysts at Sanford C. Bernstein upgraded shares of CNOOC Ltd from a “market perform” rating to an “outperform” rating in a research note on Tuesday. Finally, analysts at Zacks reiterated a “neutral” rating on shares of CNOOC Ltd in a research note on Thursday, September 11th.

They now have a USD201.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of USD 201.00.

CNOOC Limited is an investment holding company. The Company, along with its subsidiaries, is a producer of offshore crude oil and natural gas and an independent oil and gas exploration and production company.