E Commerce China Dangdang Inc Given Consensus Recommendation of “Hold” by Brokerages (NASDAQ:DANG)
Shares of E Commerce China Dangdang Inc (NASDAQ:DANG) have been given a consensus rating of “Hold” by the eight analysts that are presently covering the stock, Analyst Ratings Network.com reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $11.47.
A number of analysts have recently weighed in on DANG shares. Analysts at Zacks upgraded shares of E Commerce China Dangdang Inc from a “neutral” rating to an “outperform” rating in a research note on Monday. They now have a $13.80 price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “hold” rating on shares of E Commerce China Dangdang Inc in a research note on Thursday, May 15th. They now have a $15.00 price target on the stock, down previously from $23.00.
Shares of E Commerce China Dangdang Inc (NASDAQ:DANG) traded up 3.60% during mid-day trading on Tuesday, hitting $13.1464. The stock had a trading volume of 991,636 shares. E Commerce China Dangdang Inc has a 52-week low of $7.68 and a 52-week high of $19.05. The stock has a 50-day moving average of $11.9 and a 200-day moving average of $11.86. The company’s market cap is $1.060 billion.
E-Commerce China Dangdang Inc (NASDAQ:DANG) is a holding company.
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