Yintech Investment Holdings Limited (YIN) Given a $27.00 Price Target by Jefferies Group Analysts

Yintech Investment Holdings Limited (NASDAQ:YIN) has been given a $27.00 target price by equities research analysts at Jefferies Group in a research report issued on Tuesday. The brokerage currently has a “buy” rating on the stock. Jefferies Group’s target price would suggest a potential upside of 49.67% from the company’s current price.

Separately, Zacks Investment Research cut shares of Yintech Investment Holdings Limited from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 26th.

Yintech Investment Holdings Limited (NASDAQ:YIN) traded down 3.88% during mid-day trading on Tuesday, reaching $17.34. 118,007 shares of the company’s stock traded hands. Yintech Investment Holdings Limited has a 12-month low of $10.92 and a 12-month high of $20.95. The company has a market cap of $1.18 billion and a P/E ratio of 10.84. The stock has a 50 day moving average of $17.08 and a 200 day moving average of $16.90.

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Yintech Investment Holdings Limited Company Profile

Yintech Investment Holdings Limited, formerly Win Yin Gold Investment Company Limited, is an online provider of spot commodity trading services in China. The Company facilitates the trading by individual customers of silver, gold and other precious metals, and commodities on approximately three exchanges in China, such as the Shanghai Gold Exchange, the Tianjin Precious Metals Exchange and the Guangdong Precious Metals Exchange.

5 Day Chart for NASDAQ:YIN

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