Analysts’ Weekly Ratings Changes for SINA Corp (SINA)
Several investment firms have updated their stock ratings and price targets on shares of SINA Corp (NASDAQ: SINA) in the last week:
- SINA Corp was downgraded by analysts at T.H. Capital to a “hold” rating.
- SINA Corp was downgraded by analysts at TH Capital from a “buy” rating to a “hold” rating. They now have a $75.00 price target on the stock.
- SINA Corp had its price target raised by analysts at Piper Jaffray from $65.00 to $70.00. They now have an “overweight” rating on the stock.
- SINA Corp had its price target raised by analysts at Brean Capital from $65.00 to $67.00. They now have a “buy” rating on the stock.
Shares of SINA Corp (NASDAQ:SINA) opened at 49.25 on Wednesday. SINA Corp has a 1-year low of $42.40 and a 1-year high of $92.83. The stock’s 50-day moving average is $48.21 and its 200-day moving average is $54.22. The company has a market cap of $3.241 billion and a price-to-earnings ratio of 64.62.
SINA Corp (NASDAQ:SINA) last announced its earnings results on Thursday, August 14th. The company reported $0.17 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.08 by $0.09. The company had revenue of $187.00 million for the quarter, compared to the consensus estimate of $180.03 million. Analysts expect that SINA Corp will post $0.83 EPS for the current fiscal year.
SINA Corporation (NASDAQ:SINA), incorporated on July 9, 1997, is an online media company serving China and the global Chinese communities.
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