Shares of Leju Holdings Limited (NYSE:LEJU) have been given a consensus recommendation of “Sell” by the six analysts that are currently covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a sell recommendation. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $3.35.
Several research firms have recently weighed in on LEJU. ValuEngine upgraded shares of Leju Holdings Limited from a “strong sell” rating to a “sell” rating in a research note on Thursday, May 25th. Zacks Investment Research raised shares of Leju Holdings Limited from a “strong sell” rating to a “hold” rating in a report on Thursday, June 15th. BidaskClub raised shares of Leju Holdings Limited from a “strong sell” rating to a “sell” rating in a report on Tuesday. Finally, J P Morgan Chase & Co downgraded shares of Leju Holdings Limited from a “neutral” rating to an “underweight” rating and reduced their target price for the stock from $3.80 to $2.10 in a report on Thursday, June 22nd.
Shares of Leju Holdings Limited (LEJU) traded up 3.14% during mid-day trading on Tuesday, reaching $1.64. 224,316 shares of the company’s stock traded hands. Leju Holdings Limited has a 52 week low of $1.28 and a 52 week high of $5.47. The company’s 50 day moving average is $1.81 and its 200-day moving average is $3.03. The firm’s market cap is $305.04 million.
An institutional investor recently raised its position in Leju Holdings Limited stock. Renaissance Technologies LLC increased its position in Leju Holdings Limited (NYSE:LEJU) by 6.9% during the first quarter, according to its most recent disclosure with the SEC. The firm owned 331,300 shares of the financial services provider’s stock after buying an additional 21,300 shares during the period. Renaissance Technologies LLC owned approximately 0.18% of Leju Holdings Limited worth $1,136,000 at the end of the most recent quarter. 4.67% of the stock is owned by institutional investors and hedge funds.
Leju Holdings Limited Company Profile
Leju Holdings Limited is an online to offline (O2O), real estate services provider in China. The Company offers real estate e-commerce, online advertising and online listing services through its online platform, which consists of local Websites covering over 260 cities and various mobile applications.
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