Brokerage Firm Rating Update on SouFun Holdings Limited (SFUN)

SouFun Holdings Limited (SFUN) : The consensus on SouFun Holdings Limited (SFUN) based on 6 analyst recommendation on the company stock is 2.42, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

SouFun Holdings Limited (SFUN) : The highest level SouFun Holdings Limited (SFUN) is projected to reach is $7 for the short term and the lowest estimate is at $5. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $6.44 and the possibility the share price can swing is $1.12.


For the current week, the company shares have a recommendation consensus of Buy. Also, JP Morgan assumes its view on SouFun Holdings Limited (NYSE:SFUN) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. The rating by the firm was issued on August 31, 2016.

SouFun Holdings Limited (NYSE:SFUN): stock was range-bound between the intraday low of $4.35 and the intraday high of $4.5 after having opened at $4.5 on Wednesdays session. The stock finally closed in the red at $4.5, a loss of -2.21%. The stock remained in the red for the whole trading day. The total traded volume was 5,703,885 shares. The stock failed to cross $4.5 in Wednesdays trading. The stocks closing price on Thursday was $4.52.

SouFun Holdings Limited operates as a real estate Internet portal in China. The Company also operates home furnishing and improvement Websites. Its Websites and mobile applications support online communities and networks of users seeking information on, and services for, the real estate and home-related sectors in China. The Companys Website contains contents covering more than 350 cities across China, as well as Hong Kong, Taiwan, Singapore and Vancouver, Canada. This Website also contains links to other specialized real estate and home furnishing and improvement Websites, including its Website, its e-commerce transaction and payment platform, and Website, its financing platform. The Companys service offerings include marketing services, e-commerce services, listing services and other value-added services.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.