Equities researchers at Stifel assumed coverage on shares of Qudian Inc. Sponsored ADR (NYSE:QD) in a research note issued on Wednesday. The brokerage set a “buy” rating and a $35.00 price target on the stock. Stifel’s price target points to a potential upside of 39.11% from the company’s previous close.

Several other research firms have also weighed in on QD. started coverage on Qudian Inc. Sponsored ADR in a research note on Wednesday. They issued a “buy” rating and a $35.00 price objective on the stock. Citigroup Inc. started coverage on Qudian Inc. Sponsored ADR in a research note on Tuesday. They issued a “buy” rating on the stock. started coverage on Qudian Inc. Sponsored ADR in a research note on Tuesday. They issued an “outperform” rating and a $36.00 price objective on the stock. Credit Suisse Group started coverage on Qudian Inc. Sponsored ADR in a research note on Monday. They issued an “outperform” rating on the stock. Finally, started coverage on Qudian Inc. Sponsored ADR in a research note on Thursday, October 19th. They issued an “outperform” rating on the stock. Six research analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and a consensus target price of $35.33.

Shares of Qudian Inc. Sponsored ADR (NYSE:QD) opened at $25.16 on Wednesday. Qudian Inc. Sponsored ADR has a 1-year low of $21.90 and a 1-year high of $35.45.

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