51job, Inc. (JOBS) Given Consensus Recommendation of “Strong Buy” by Analysts
51job, Inc. (NASDAQ:JOBS) has received a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Zacks has also assigned 51job an industry rank of 230 out of 265 based on the ratings given to related companies.
A number of analysts have weighed in on JOBS shares. BidaskClub raised shares of 51job from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 23rd. Macquarie raised shares of 51job from a “neutral” rating to an “outperform” rating and set a $60.00 target price on the stock in a research note on Friday, August 4th.
Several institutional investors have recently modified their holdings of the stock. Harding Loevner LP grew its stake in shares of 51job by 11.0% in the second quarter. Harding Loevner LP now owns 4,902,938 shares of the company’s stock worth $219,308,000 after purchasing an additional 485,593 shares during the last quarter. Wasatch Advisors Inc. grew its stake in shares of 51job by 38.1% in the second quarter. Wasatch Advisors Inc. now owns 687,352 shares of the company’s stock worth $30,745,000 after purchasing an additional 189,485 shares during the last quarter. Sensato Investors LLC grew its stake in shares of 51job by 18.0% in the second quarter. Sensato Investors LLC now owns 525,012 shares of the company’s stock worth $23,484,000 after purchasing an additional 80,269 shares during the last quarter. Nordea Investment Management AB bought a new stake in shares of 51job in the second quarter worth $19,027,000. Finally, Acadian Asset Management LLC grew its stake in shares of 51job by 292.5% in the second quarter. Acadian Asset Management LLC now owns 419,773 shares of the company’s stock worth $18,777,000 after purchasing an additional 312,819 shares during the last quarter. 39.72% of the stock is currently owned by institutional investors.
51job (NASDAQ JOBS) opened at 64.50 on Friday. The firm has a 50-day moving average price of $60.03 and a 200-day moving average price of $48.93. 51job has a 12 month low of $31.25 and a 12 month high of $64.77. The company has a market capitalization of $3.96 billion, a price-to-earnings ratio of 45.94 and a beta of 1.24.
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51job Company Profile
51job, Inc is a holding company. The Company is a provider of integrated human resource services in China. The Company focuses on online recruitment advertising. The Company operates over three Websites, including www.51job.com, www.yingjiesheng.com and www.51jingying.com, which are utilized by a base of corporate employers, reach an audience of job seekers and aggregate job information from over 100 cities across China.
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