51job, Inc. (JOBS) Given Average Rating of “Strong Buy” by Brokerages
51job, Inc. (NASDAQ:JOBS) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Zacks has also given 51job an industry rank of 29 out of 265 based on the ratings given to related companies.
JOBS has been the subject of a number of recent analyst reports. Macquarie raised shares of 51job from a “neutral” rating to an “outperform” rating and set a $60.00 price target for the company in a report on Friday, August 4th. TheStreet downgraded shares of 51job from a “b” rating to a “c+” rating in a report on Monday, November 13th.
Institutional investors have recently modified their holdings of the company. SG Americas Securities LLC bought a new stake in shares of 51job during the 2nd quarter worth approximately $127,000. Bank of America Corp DE lifted its stake in 51job by 154.2% in the 1st quarter. Bank of America Corp DE now owns 2,860 shares of the company’s stock valued at $105,000 after purchasing an additional 1,735 shares during the last quarter. Eagle Asset Management Inc. bought a new position in 51job in the 3rd quarter valued at approximately $204,000. World Asset Management Inc bought a new position in 51job in the 3rd quarter valued at approximately $214,000. Finally, Eqis Capital Management Inc. bought a new position in 51job in the 3rd quarter valued at approximately $269,000. 39.78% of the stock is owned by institutional investors.
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51job, Inc is a holding company. The Company is a provider of integrated human resource services in China. The Company focuses on online recruitment advertising. The Company operates over three Websites, including www.51job.com, www.yingjiesheng.com and www.51jingying.com, which are utilized by a base of corporate employers, reach an audience of job seekers and aggregate job information from over 100 cities across China.
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