KeyBanc Thinks BEST Inc’s Stock is Going to Recover


In a report released today, Hans Chung from KeyBanc maintained a Buy rating on BEST Inc (BSTI), with a price target of $8. The company’s shares closed on Friday at $5.19, close to its 52-week low of $4.67.

According to TipRanks.com, Chung is ranked #4748 out of 4900 analysts.

BEST Inc has an analyst consensus of Moderate Buy, with a price target consensus of $8, which is a 54.1% upside from current levels. In a report issued on November 9, Oppenheimer also assigned a Buy rating to the stock.

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The company has a one-year high of $13.54 and a one-year low of $4.67. Currently, BEST Inc has an average volume of 1.2M.

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BEST, Inc. (China) is a holding company, which engages in the smart supply chain services. It operates through the following business segments: Supply Chain Management, Express Delivery, Freight Delivery, Store, and Others. The Others segment relates to the cross-border logistic coordination services.

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