Leju (LEJU) Lifted to “Neutral” at JPMorgan Chase & Co.
JPMorgan Chase & Co. upgraded shares of Leju (NYSE:LEJU) from an underweight rating to a neutral rating in a report published on Tuesday morning, MarketBeat.com reports. The firm currently has $4.00 price objective on the financial services provider’s stock.
Separately, ValuEngine raised Leju from a hold rating to a buy rating in a research note on Wednesday, July 4th.
LEJU opened at $2.04 on Tuesday. Leju has a 1-year low of $0.96 and a 1-year high of $2.23.
An institutional investor recently raised its position in Leju stock. Renaissance Technologies LLC grew its holdings in shares of Leju Holdings Ltd (NYSE:LEJU) by 19.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,051,703 shares of the financial services provider’s stock after purchasing an additional 171,703 shares during the quarter. Renaissance Technologies LLC owned approximately 0.77% of Leju worth $1,535,000 at the end of the most recent quarter. 1.68% of the stock is owned by institutional investors.
Leju Company Profile
Leju Holdings Limited, through its subsidiaries, provides online to offline (O2O) real estate services in the People's Republic of China. The company offers real estate e-commerce, online advertising, and online listing services through its online platform, which comprises Websites covering 377 cities and various mobile applications for the real estate and home furnishing industries.
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