Cheetah Mobile Inc (CMCM) Given Average Rating of “Hold” by Brokerages

Shares of Cheetah Mobile Inc (NYSE:CMCM) have been given a consensus rating of “Hold” by the six research firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $11.75.

Several equities research analysts have recently commented on CMCM shares. Credit Suisse Group started coverage on Cheetah Mobile in a research note on Tuesday, October 3rd. They set a “neutral” rating and a $9.50 price target on the stock. BidaskClub lowered Cheetah Mobile from a “hold” rating to a “sell” rating in a research note on Friday, October 13th.

Shares of Cheetah Mobile (NYSE CMCM) opened at $15.23 on Thursday. The company has a market capitalization of $2,170.00, a P/E ratio of 39.05 and a beta of 3.23. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.85 and a current ratio of 1.85. Cheetah Mobile has a 52 week low of $7.54 and a 52 week high of $15.73.

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Cheetah Mobile Company Profile

Cheetah Mobile Inc is a holding company. The Company and its consolidated subsidiaries, variable interest entities (VIEs) and a VIE’s subsidiary are engaged in the provision of online marketing services, Internet value-added services, and Internet security services and others. The Company operates a platform that offers mobile and personal computer (PC) applications for its users and global content promotional channels for its customers, both of which are powered by its cloud-based data analytics engines.

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