SouFun Holdings Limited (SFUN) : Analyst Rating Update

SouFun Holdings Limited (SFUN) : Zacks Investment Research ranks SouFun Holdings Limited (SFUN) as 5, which is a Strong Sell recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. The average broker rating of 2 research analysts is 1.25, which indicates as a Strong Buy.

SouFun Holdings Limited (SFUN) : 3 investment research analysts covering SouFun Holdings Limited (SFUN) have an average price target of $7.3 for the near short term. The highest target price given by the Brokerage Firm to the stock is $8 and the lowest target is $7 for the short term. Analysts expect the variance to be within $0.85 of the average price.

SouFun Holdings Limited (NYSE:SFUN): The stock opened at $4.94 on Wednesday but the bulls could not build on the opening and the stock topped out at $4.97 for the day. The stock traded down to $4.74 during the day, due to lack of any buying support eventually closed down at $4.81 with a loss of -3.41% for the day. The stock had closed at $4.98 on the previous day. The total traded volume was 3,584,526 shares.

Also, Brean Capital initiates coverage on SouFun Holdings Limited (NYSE:SFUN) The shares have been rated Hold. The rating by the firm was issued on June 7, 2016. The company shares have dropped -28.24% from its 1 Year high price. On Nov 13, 2015, the shares registered one year high at $10.01 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $5.21 and the 200 Day Moving Average price is recorded at $5.70.

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.

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