Qunar Cayman Islands (QUNR) to Release Quarterly Earnings on Thursday
Qunar Cayman Islands (NASDAQ:QUNR) is scheduled to announce its Q214 earnings results on Thursday, August 21st. Analysts expect the company to announce earnings of ($0.25) per share and revenue of $56.03 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.
Shares of Qunar Cayman Islands (NASDAQ:QUNR) opened at 29.215 on Wednesday. Qunar Cayman Islands has a 52-week low of $21.00 and a 52-week high of $36.73. The stock’s 50-day moving average is $28.18 and its 200-day moving average is $27.5. The company’s market cap is $3.311 billion.
On the ratings front, analysts at Deutsche Bank upgraded shares of Qunar Cayman Islands from a “hold” rating to a “buy” rating in a research note on Friday, June 27th. They now have a $31.00 price target on the stock, up previously from $27.00. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $27.83.
Qunar Cayman Islands Limited is a search-based commerce platform for the travel industry in China. The Company’s customers include travel service providers (NASDAQ:QUNR) and display advertisers.
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