Stifel Nicolaus began coverage on shares of BEST Inc (NASDAQ:BSTI) in a research report released on Monday morning. The firm issued a buy rating and a $16.00 target price on the stock.

BSTI has been the topic of several other reports. Credit Suisse Group began coverage on shares of BEST in a research report on Monday. They set an outperform rating on the stock. Goldman Sachs Group, Inc. (The) began coverage on shares of BEST in a research report on Sunday. They set a buy rating and a $16.60 target price on the stock. Finally, KeyCorp began coverage on shares of BEST in a research report on Monday. They set an overweight rating and a $16.00 target price on the stock. Six analysts have rated the stock with a buy rating, The stock has a consensus rating of Buy and a consensus price target of $16.20.

BEST (NASDAQ BSTI) opened at 11.78 on Monday. The stock’s market cap is $2.68 billion. The stock has a 50 day moving average price of $11.36 and a 200 day moving average price of $11.36. BEST has a 12-month low of $10.31 and a 12-month high of $13.25.

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About BEST

BEST Inc is engaged in providing supply chain solutions. The Company offers a cloud based platform, BEST Cloud which is integration of online and offline retail to offer delivery. It provides technology-enabled solutions to its users. The Company’s service offerings include BEST supply chain management, BEST express, BEST freight, BEST store+, BEST global, BEST cargo and BEST Ucargo.

Analyst Recommendations for BEST (NASDAQ:BSTI)

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