Leju Holdings Ltd Given Overweight Rating at JPMorgan Chase & Co. (LEJU)
Leju Holdings Ltd (NASDAQ:LEJU)‘s stock had its “overweight” rating reiterated by JPMorgan Chase & Co. in a research note issued on Friday. They currently have a $19.00 target price on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 16.92% from the company’s current price.
Leju Holdings Ltd (NASDAQ:LEJU) opened at 16.25 on Friday. Leju Holdings Ltd has a 1-year low of $8.01 and a 1-year high of $16.721. The stock’s 50-day moving average is $12.95 and its 200-day moving average is $11.73. The company has a market cap of $3.023 billion and a P/E ratio of 36.41.
Leju Holdings Ltd (NASDAQ:LEJU) last announced its earnings results on Wednesday, August 20th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.01. The company had revenue of $117.40 million for the quarter, compared to the consensus estimate of $113.78 million. The company’s revenue for the quarter was up 63.3% on a year-over-year basis. Analysts expect that Leju Holdings Ltd will post $0.74 EPS for the current fiscal year.
Separately, analysts at Macquarie reiterated an “outperform” rating on shares of Leju Holdings Ltd in a research note on Thursday. They now have a $22.00 price target on the stock, up previously from $16.00.
Leju Holdings Limited is an online-to-offline (NASDAQ:LEJU), real estate services provider in China.
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