Shares of China Rapid Finance Limited Sponsored ADR (NYSE:XRF) have been assigned an average broker rating score of 1.00 (Strong Buy) from the two brokers that cover the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy rating.

Brokerages have set a 1-year consensus price target of $11.55 for the company, according to Zacks. Zacks has also assigned China Rapid Finance Limited Sponsored ADR an industry rank of 43 out of 265 based on the ratings given to its competitors.

XRF has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded China Rapid Finance Limited Sponsored ADR from a “sell” rating to a “hold” rating in a research note on Saturday, September 9th. Citigroup Inc. began coverage on China Rapid Finance Limited Sponsored ADR in a research note on Tuesday. They issued a “neutral” rating on the stock.

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China Rapid Finance Limited Sponsored ADR (NYSE:XRF) remained flat at $$9.34 during trading on Tuesday. The company had a trading volume of 377,700 shares, compared to its average volume of 216,257. China Rapid Finance Limited Sponsored ADR has a one year low of $5.60 and a one year high of $12.86.

China Rapid Finance Limited Sponsored ADR (NYSE:XRF) last posted its quarterly earnings data on Thursday, August 17th. The company reported ($0.29) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.17) by ($0.12). The company had revenue of $15.15 million during the quarter, compared to the consensus estimate of $13.41 million. equities research analysts predict that China Rapid Finance Limited Sponsored ADR will post -0.92 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of XRF. Baillie Gifford & Co. bought a new stake in shares of China Rapid Finance Limited Sponsored ADR in the 3rd quarter worth $1,977,000. Segantii Capital Management Ltd bought a new stake in China Rapid Finance Limited Sponsored ADR during the third quarter worth approximately $1,483,000. CI Investments Inc. bought a new stake in China Rapid Finance Limited Sponsored ADR during the third quarter worth approximately $3,295,000. Wells Fargo & Company MN bought a new stake in China Rapid Finance Limited Sponsored ADR during the third quarter worth approximately $16,897,000. Finally, Greenwoods Asset Management Ltd bought a new position in shares of China Rapid Finance Limited Sponsored ADR during the third quarter valued at approximately $1,252,000. Institutional investors and hedge funds own 16.28% of the company’s stock.

About China Rapid Finance Limited Sponsored ADR

China Rapid Finance Limited is a consumer lending company. The Company, through its subsidiaries, is principally engaged in providing a consumer lending marketplace for lenders and borrowers in the People’s Republic of China with predictive selection technology (PST), automated decisioning technology (ADT), and non-credit data analytic and risk-based pricing capabilities.

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