Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.67 by 3 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 1 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Brokerage Firm, Stifel Nicolaus, upgrades their rating on the shares of Qihoo 360 Technology Co. Ltd. (NYSE:QIHU). Stifel Nicolaus has a Buy rating on the shares. Previously, the analysts had a Hold rating on the shares. The rating by the firm was issued on May 11, 2016.
Qihoo 360 Technology Co. Ltd. (NYSE:QIHU): The mean short term price target for Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) has been established at $67.33 per share. The higher price target estimate is at $77 and the lower price target estimate is expected at $55 according to 3 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $11.24
Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) rose 0.89% or 0.65 points on Tuesday and made its way into the gainers of the day. After trading began at $73.06 the stock was seen hitting $73.92 as a peak level and $73.05 as the lowest level. The stock ended up at $73.53. The daily volume was measured at 823,121 shares. The 52-week high of the share price is $76.1 and the 52-week low is $41.64. The company has a market cap of $9,518 million.
Qihoo 360 Technology Co. Ltd. has dropped 0.18% in the last five trading days, however, the shares have posted positive gains of 1.59% in the last 4 weeks. Qihoo 360 Technology Co. Ltd. has dropped 2.29% during the last 3-month period . Year-to-Date the stock performance stands at 0.99%.
Qihoo 360 Technology Co. Ltd. is an Internet company. The Company is primarily engaged in the operations of Internet services in the Peoples Republic of China. The Companys core Internet and mobile security products include 360 Safe Guard, 360 Anti-virus and 360 Mobile Safe. The Company has developed various platform products to meet a range of security-related needs of Internet users and create access points to the Internet, which include 360 browsers; 360 Personal Start-up Page and its subpages; 360 Search, and 360 Mobile Assistant. The Companys services include online advertising, which include online advertising service solutions, such as sponsored links (advertising links), on its platform products; Internet value-added services, which include games developed by third parties to users, and Other services, which include enterprise information security products and related services, such as firewalls, gateways and Internet security monitoring systems to enterprise customers.