Leju Holdings Ltd (ADR) Now Covered by Macquarie (LEJU)
Equities researchers at Macquarie initiated coverage on shares of Leju Holdings Ltd (ADR) (NASDAQ:LEJU) in a research report issued on Thursday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $15.00 price target on the stock. Macquarie’s price objective would indicate a potential upside of 38.38% from the company’s current price.
Shares of Leju Holdings Ltd (NASDAQ:LEJU) traded down 3.69% on Thursday, hitting $10.44. The stock had a trading volume of 19,720 shares. Leju Holdings Ltd has a 52 week low of $8.01 and a 52 week high of $13.00. The stock has a 50-day moving average of $10.77 and a 200-day moving average of $10.77. The company has a market cap of $1.942 billion and a price-to-earnings ratio of 30.97.
A number of other analysts have also recently weighed in on LEJU. Analysts at JPMorgan Chase & Co. initiated coverage on shares of Leju Holdings Ltd (ADR) in a research note on Thursday. They set an “overweight” rating on the stock. Analysts at Credit Suisse initiated coverage on shares of Leju Holdings Ltd (ADR) in a research note on Monday. They set an “outperform” rating on the stock.
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