Qunar Cayman Islands Given “Hold” Rating at Aegis (QUNR)
Several other analysts have also recently commented on the stock. Analysts at Pacific Crest reiterated an “outperform” rating on shares of Qunar Cayman Islands in a research note on Friday. They now have a $39.00 price target on the stock, up previously from $34.00. 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. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Qunar Cayman Islands has an average rating of “Hold” and an average target price of $28.40.
Shares of Qunar Cayman Islands (NASDAQ:QUNR) traded up 6.27% during mid-day trading on Friday, hitting $30.86. 3,410,119 shares of the company’s stock traded hands. 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 $28.21 and its 200-day moving average is $27.57. The company’s market cap is $3.497 billion.
Qunar Cayman Islands (NASDAQ:QUNR) last issued its quarterly earnings data on Thursday, August 21st. The company reported ($0.57) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.25) by $0.32. The company had revenue of $64.50 million for the quarter, compared to the consensus estimate of $56.03 million. On average, analysts predict that Qunar Cayman Islands will post $-0.76 earnings per share for the current fiscal year.
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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