BlueCity Holdings (BLCT) Receives a Buy from Oppenheimer

Oppenheimer analyst Bo Pei CFA assigned a Buy rating to BlueCity Holdings (BLCT) today and set a price target of $20.00. The company’s shares closed last Monday at $11.42, close to its 52-week low of $8.04.

According to, CFA is a 1-star analyst with an average return of -3.8% and a 42.1% success rate. CFA covers the Technology sector, focusing on stocks such as Tencent Music Entertainment Group, Yalla Group, and Iqiyi.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BlueCity Holdings with a $20.00 average price target.

See today’s analyst top recommended stocks >>

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

BlueCity Holdings Ltd is an internet company. It offers Blued mobile app; Danlan Public Interest which provides public health services; He Health is a health service platform focused on men’s health by providing online health services; Bluedbaby is personalized family planning services platform. The company generates revenues from live streaming, advertising, membership and other services. The company geographically operates through China market.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts