In a report released yesterday, CMB International Securities from CMB International Securities initiated coverage with a Buy rating on iHuman (IH) and a price target of $26.10. The company’s shares closed last Wednesday at $21.88.
Currently, the analyst consensus on iHuman is a Moderate Buy with an average price target of $27.45.
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iHuman Inc is a childhood edutainment company in China. The edutainment products include interactive and self-directed learning applications and learning materials and smart learning devices. The subjects covered are literacy and reading, English, mathematics and critical thinking, chinese learning, music and painting among others.