Cian (NYSE:CIAN) Trading Down 6.6%

Cian Plc (NYSE:CIAN) shares fell 6.6% during mid-day trading on Thursday . The company traded as low as $10.03 and last traded at $10.03. 434 shares were traded during trading, a decline of 99% from the average session volume of 70,791 shares. The stock had previously closed at $10.74.

A number of research firms have recently issued reports on CIAN. JPMorgan Chase & Co. initiated coverage on Cian in a research report on Tuesday, November 30th. They set a “neutral” rating and a $16.90 price target on the stock. Bank of America initiated coverage on Cian in a research report on Tuesday, November 30th. They set a “neutral” rating and a $17.50 price objective on the stock. Renaissance Capital initiated coverage on Cian in a research report on Tuesday, November 30th. They set a “buy” rating on the stock. The Goldman Sachs Group initiated coverage on Cian in a research report on Tuesday, November 30th. They set a “buy” rating and a $25.80 price objective on the stock. Finally, Morgan Stanley assumed coverage on Cian in a research report on Tuesday, November 30th. They set an “equal weight” rating and a $15.00 price objective on the stock. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $19.24.

The business’s 50 day moving average price is $13.53.

Cian (NYSE:CIAN) last announced its quarterly earnings data on Wednesday, November 24th. The company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $21.40 million during the quarter. Research analysts anticipate that Cian Plc will post -0.22 earnings per share for the current fiscal year.

About Cian (NYSE:CIAN)

Cian PLC provides an online real estate classifieds platform principally in Russia. Cian PLC is based in LARNACA, Cyprus.

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