Stifel Nicolaus analyst David Ross reiterated a Buy rating on BEST Inc (NYSE: BSTI) yesterday and set a price target of $10. The company’s shares closed yesterday at $9.01.
According to TipRanks.com, Ross is a 4-star analyst with an average return of 6.7% and a 64.6% success rate. Ross covers the Services sector, focusing on stocks such as Covenant Transportation Group, Air Transport Services, and Schneider National Inc.
BEST Inc has an analyst consensus of Strong Buy, with a price target consensus of $10.50, representing a 16.5% upside. In a report issued on August 8, Oppenheimer also maintained a Buy rating on the stock.
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The company has a one-year high of $13.54 and a one-year low of $8.08. Currently, BEST Inc has an average volume of 1.63M.
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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.
