Gridsum Holding Inc – (GSUM) Coverage Initiated at Citigroup Inc.
Research analysts at Citigroup Inc. assumed coverage on shares of Gridsum Holding Inc – (NASDAQ:GSUM) in a research note issued to investors on Tuesday. The firm set a “buy” rating and a $21.00 price target on the stock. Citigroup Inc.’s target price indicates a potential upside of 27.89% from the stock’s previous close.
Other analysts have also recently issued research reports about the stock. Stifel Nicolaus assumed coverage on shares of Gridsum Holding Inc – in a research note on Tuesday. They issued a “buy” rating and a $21.00 price target for the company. Goldman Sachs Group Inc. initiated coverage on shares of Gridsum Holding Inc – in a research note on Tuesday. They set a “buy” rating and a $20.60 target price for the company.
Shares of Gridsum Holding Inc – (NASDAQ:GSUM) opened at 16.42 on Tuesday. The company’s market cap is $164.20 million. The company has a 50-day moving average of $16.82 and a 200-day moving average of $16.82. Gridsum Holding Inc – has a 1-year low of $15.25 and a 1-year high of $18.29.
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