Analyst Rating Update on 21Vianet Group (VNET)

21Vianet Group (NASDAQ:VNET) : The consensus on 21Vianet Group (NASDAQ:VNET) based on 2 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

For the current week, the company shares have a recommendation consensus of Buy.

21Vianet Group (NASDAQ:VNET): stock turned positive on Tuesday. Though the stock opened at $10.09, the bulls momentum made the stock top out at $10.52 level for the day. The stock recorded a low of $10.09 and closed the trading day at $10.5, in the green by 6.82%. The total traded volume for the day was 2,079,935. The stock had closed at $9.83 in the previous days trading.

21Vianet Group, Inc. is a carrier-neutral Internet data center services provider in China. The Company hosts its customers servers and networking equipment and provides interconnectivity to improve the performance, availability and security of their Internet infrastructure. The Company also provides managed network services to enable customers to deliver data across the Internet in a faster and reliable manner through its data transmission network and smart routing technology. The Company provides complementary Internet infrastructure services, such as content delivery network (CDN) services, virtual private network (VPN) services and last-mile wired broadband services to improve the security, speed and quality of data transmission in China. It offers public cloud services, private cloud and hybrid services. In addition, the Company also offers container-based data center service.

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