BEST (BSTI) Price Target Cut to $12.00
Other research analysts also recently issued research reports about the stock. KeyCorp lowered their price target on shares of BEST from $14.00 to $13.00 and set a buy rating for the company in a report on Thursday, July 19th. Citigroup raised shares of BEST from a neutral rating to a buy rating in a report on Saturday, June 2nd. Zacks Investment Research raised shares of BEST from a sell rating to a hold rating in a report on Tuesday, May 15th. Finally, Macquarie downgraded shares of BEST from an outperform rating to a neutral rating in a report on Wednesday, June 13th. One analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company. BEST currently has a consensus rating of Buy and an average target price of $13.60.
Shares of NYSE:BSTI opened at $8.76 on Friday. BEST has a 12 month low of $8.08 and a 12 month high of $13.54. The stock has a market capitalization of $3.20 billion and a P/E ratio of -6.90.
BEST Company Profile
BEST Inc operates as a smart supply chain service provider in the People's Republic of China. Its proprietary technology platform enables its ecosystem participants to operate their businesses through various SaaS-based applications. The company applies its technologies to a range of applications, such as network and route optimization, swap bodies, sorting line automation, smart warehouses, and store management.
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