TipRanks
CNOOC Limited (DE:NC2B)
FRANKFURT:NC2B
Germany Market

CNOOC Limited (NC2B) Stock Forecast & Price Target

7 Followers
See the Price Targets and Ratings of:

NC2B Analyst Ratings

Moderate Buy
7Ratings
Moderate Buy
6 Buy
0 Hold
1 Sell
Based on 7 analysts giving stock ratings to
CNOOC
Limited
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

NC2B Stock 12 Month Forecast

Average Price Target

€3.53
▲(61.73% Upside)
Based on 7 Wall Street analysts offering 12 month price targets for CNOOC Limited in the last 3 months. The average price target is €3.53 with a high forecast of €4.09 and a low forecast of €1.99. The average price target represents a 61.73% change from the last price of €2.18.
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<div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":2.18,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":2.18,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 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Highest Price Target€4.09Average Price Target€3.53Lowest Price Target€1.99
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Bernstein Analyst forecast on DE:NC2B
Unknown Analyst
Bernstein
Not Ranked
Bernstein
€3.81→€3.85
Buy
76.53%
Upside
Reiterated
09/14/26
Bernstein Reaffirms Their Buy Rating on CNOOC Limited (NC2B)
Citic Securities Analyst forecast on DE:NC2B
Unknown Analyst
Citic Securities
Not Ranked
Citic Securities
€3.63
Buy
66.64%
Upside
Reiterated
09/08/26
Citic Securities Remains a Buy on CNOOC Limited (NC2B)
CICC Analyst forecast on DE:NC2B
Unknown Analyst
CICC
Not Ranked
CICC
€3.97
Buy
82.26%
Upside
Reiterated
08/27/26
CICC Keeps Their Buy Rating on CNOOC Limited (NC2B)
DBS
€3.41
Buy
56.22%
Upside
Reiterated
08/27/26
CNOOC Limited (NC2B) Gets a Buy from DBS
Citi Analyst forecast on DE:NC2B
Unknown Analyst
Citi
Not Ranked
Citi
€3.75
Buy
71.84%
Upside
Reiterated
08/26/26
Citi Sticks to Its Buy Rating for CNOOC Limited (NC2B)
CLSA Analyst forecast on DE:NC2B
Unknown Analyst
CLSA
Not Ranked
CLSA
€4.09
Buy
87.47%
Upside
Reiterated
08/26/26
CLSA Reaffirms Their Buy Rating on CNOOC Limited (NC2B)
Macquarie Analyst forecast on DE:NC2B
Unknown Analyst
Macquarie
Not Ranked
Macquarie
€1.99
Sell
-8.87%
Downside
Reiterated
07/27/26
CNOOC Limited (NC2B) Receives a Sell from Macquarie
Goldman Sachs Analyst forecast on DE:NC2B
Goldman Sachs
Goldman Sachs
―
Buy
―
Reiterated
06/30/26
CNOOC Limited (NC2B) Gets a Buy from Goldman Sachs
J.P. Morgan Analyst forecast on DE:NC2B
J.P. Morgan
J.P. Morgan
€3.75
Buy
71.84%
Upside
Reiterated
04/29/26
J.P. Morgan Sticks to Their Buy Rating for CNOOC Limited (NC2B)
Bank of China Analyst forecast on DE:NC2B
Unknown Analyst
Bank of China
Not Ranked
Bank of China
€3.66→€3.94
Buy
80.64%
Upside
Reiterated
04/29/26
CNOOC Limited (NC2B) Gets a Buy from Bank of China
HSBC Analyst forecast on DE:NC2B
Unknown Analyst
HSBC
Not Ranked
HSBC
€3.67
Buy
68.20%
Upside
Reiterated
04/28/26
HSBC Reaffirms Their Buy Rating on CNOOC Limited (NC2B)
First Shanghai Securities Analyst forecast on DE:NC2B
Unknown Analyst
First Shanghai Securities
Not Ranked
First Shanghai Securities
€3.83
Buy
75.49%
Upside
Reiterated
04/04/26
First Shanghai Securities Reaffirms Their Buy Rating on CNOOC Limited (NC2B)
UBS
€3.81→€4.29
Buy
96.84%
Upside
Reiterated
03/27/26
UBS Keeps Their Buy Rating on CNOOC Limited (NC2B)
Morgan Stanley Analyst forecast on DE:NC2B
Unknown Analyst
Morgan Stanley
Not Ranked
Morgan Stanley
€3.28
Buy
50.49%
Upside
Reiterated
03/26/26
CNOOC Limited (NC2B) Gets a Buy from Morgan Stanley
Global Prosperity Analyst forecast on DE:NC2B
Unknown Analyst
Global Prosperity
Not Ranked
Global Prosperity
€3.01
Buy
38.26%
Upside
Reiterated
01/22/26
Global Prosperity Remains a Buy on CNOOC Limited (NC2B)
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Bernstein Analyst forecast on DE:NC2B
Unknown Analyst
Bernstein
Not Ranked
Bernstein
€3.81→€3.85
Buy
76.53%
Upside
Reiterated
09/14/26
Bernstein Reaffirms Their Buy Rating on CNOOC Limited (NC2B)
Citic Securities Analyst forecast on DE:NC2B
Unknown Analyst
Citic Securities
Not Ranked
Citic Securities
€3.63
Buy
66.64%
Upside
Reiterated
09/08/26
Citic Securities Remains a Buy on CNOOC Limited (NC2B)
CICC Analyst forecast on DE:NC2B
Unknown Analyst
CICC
Not Ranked
CICC
€3.97
Buy
82.26%
Upside
Reiterated
08/27/26
CICC Keeps Their Buy Rating on CNOOC Limited (NC2B)
DBS
€3.41
Buy
56.22%
Upside
Reiterated
08/27/26
CNOOC Limited (NC2B) Gets a Buy from DBS
Citi Analyst forecast on DE:NC2B
Unknown Analyst
Citi
Not Ranked
Citi
€3.75
Buy
71.84%
Upside
Reiterated
08/26/26
Citi Sticks to Its Buy Rating for CNOOC Limited (NC2B)
CLSA Analyst forecast on DE:NC2B
Unknown Analyst
CLSA
Not Ranked
CLSA
€4.09
Buy
87.47%
Upside
Reiterated
08/26/26
CLSA Reaffirms Their Buy Rating on CNOOC Limited (NC2B)
Macquarie Analyst forecast on DE:NC2B
Unknown Analyst
Macquarie
Not Ranked
Macquarie
€1.99
Sell
-8.87%
Downside
Reiterated
07/27/26
CNOOC Limited (NC2B) Receives a Sell from Macquarie
Goldman Sachs Analyst forecast on DE:NC2B
Goldman Sachs
Goldman Sachs
―
Buy
―
Reiterated
06/30/26
CNOOC Limited (NC2B) Gets a Buy from Goldman Sachs
J.P. Morgan Analyst forecast on DE:NC2B
J.P. Morgan
J.P. Morgan
€3.75
Buy
71.84%
Upside
Reiterated
04/29/26
J.P. Morgan Sticks to Their Buy Rating for CNOOC Limited (NC2B)
Bank of China Analyst forecast on DE:NC2B
Unknown Analyst
Bank of China
Not Ranked
Bank of China
€3.66→€3.94
Buy
80.64%
Upside
Reiterated
04/29/26
CNOOC Limited (NC2B) Gets a Buy from Bank of China
HSBC Analyst forecast on DE:NC2B
Unknown Analyst
HSBC
Not Ranked
HSBC
€3.67
Buy
68.20%
Upside
Reiterated
04/28/26
HSBC Reaffirms Their Buy Rating on CNOOC Limited (NC2B)
First Shanghai Securities Analyst forecast on DE:NC2B
Unknown Analyst
First Shanghai Securities
Not Ranked
First Shanghai Securities
€3.83
Buy
75.49%
Upside
Reiterated
04/04/26
First Shanghai Securities Reaffirms Their Buy Rating on CNOOC Limited (NC2B)
UBS
€3.81→€4.29
Buy
96.84%
Upside
Reiterated
03/27/26
UBS Keeps Their Buy Rating on CNOOC Limited (NC2B)
Morgan Stanley Analyst forecast on DE:NC2B
Unknown Analyst
Morgan Stanley
Not Ranked
Morgan Stanley
€3.28
Buy
50.49%
Upside
Reiterated
03/26/26
CNOOC Limited (NC2B) Gets a Buy from Morgan Stanley
Global Prosperity Analyst forecast on DE:NC2B
Unknown Analyst
Global Prosperity
Not Ranked
Global Prosperity
€3.01
Buy
38.26%
Upside
Reiterated
01/22/26
Global Prosperity Remains a Buy on CNOOC Limited (NC2B)
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Best Analysts Covering CNOOC Limited

3 Months
Nikhil BhandariGoldman Sachs
Success Rate
3/5 ratings generated profit
60%
Average Return
+8.48%
Copying Nikhil Bhandari's trades and holding each position for 3 Months would result in 60.00% of your transactions generating a profit, with an average return of +8.48% per trade.
1 Year
Nikhil BhandariGoldman Sachs
Success Rate
3/5 ratings generated profit
60%
Average Return
+13.00%
Copying Nikhil Bhandari's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +13.00% per trade.
2 Years
Nikhil BhandariGoldman Sachs
Success Rate
3/5 ratings generated profit
60%
Average Return
+13.00%
Copying Nikhil Bhandari's trades and holding each position for 2 Years would result in 60.00% of your transactions generating a profit, with an average return of +13.00% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

NC2B Analyst Recommendation Trends

Rating
Jun 26
Jul 26
Aug 26
Sep 26
Oct 26
Strong Buy
11
3
6
6
6
Buy
1
1
1
0
0
Hold
0
0
0
0
0
Sell
0
1
1
1
0
Strong Sell
0
0
0
0
0
total
12
5
8
7
6
In the current month, NC2B has received 6 Buy Ratings, 0 Hold Ratings, and 0 Sell Ratings. NC2B average Analyst price target in the past 3 months is 3.53.
Each month's total comprises the sum of three months' worth of ratings.

NC2B Financial Forecast

NC2B Earnings Forecast

Next quarter’s earnings estimate for NC2B is €0.11 with a range of €0.11 to €0.11. The previous quarter’s EPS was €0.13. NC2B beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 53.80% of the time in the same period. In the last calendar year NC2B has Performed in-line its overall industry.
Next quarter’s earnings estimate for NC2B is €0.11 with a range of €0.11 to €0.11. The previous quarter’s EPS was €0.13. NC2B beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 53.80% of the time in the same period. In the last calendar year NC2B has Performed in-line its overall industry.

NC2B Sales Forecast

Next quarter’s sales forecast for NC2B is €15.83B with a range of €15.83B to €15.83B. The previous quarter’s sales results were €30.18B. NC2B beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 63.41% of the time in the same period. In the last calendar year NC2B has Performed in-line its overall industry.
Next quarter’s sales forecast for NC2B is €15.83B with a range of €15.83B to €15.83B. The previous quarter’s sales results were €30.18B. NC2B beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 63.41% of the time in the same period. In the last calendar year NC2B has Performed in-line its overall industry.

NC2B Stock Forecast FAQ

What is DE:NC2B’s average 12-month price target, according to analysts?
Based on analyst ratings, CNOOC Limited’s 12-month average price target is 3.53.
    What is DE:NC2B’s upside potential, based on the analysts’ average price target?
    CNOOC Limited has 61.73% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
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          Is CNOOC Limited a Buy, Sell or Hold?
          CNOOC Limited has a consensus rating of Moderate Buy, which is based on 6 buy ratings, 0 hold ratings and 1 sell ratings.
            What is CNOOC Limited’s share price target?
            The average share price target for CNOOC Limited is 3.53. This is based on 7 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst share price target is €4.09 ,and the lowest forecast is €1.99. The average share price target represents 61.73% Increase from the current price of €2.18.
              What do analysts say about CNOOC Limited?
              CNOOC Limited’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 7 Wall Streets Analysts.
                How can I buy shares of CNOOC Limited?
                To buy shares of DE:NC2B, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.