In a report released yesterday, Lamont Williams from Stifel Nicolaus maintained a Hold rating on Jumia Technologies AG (JMIA), with a price target of $12.00. The company’s shares closed last Wednesday at $13.15.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Jumia Technologies AG with a $13.50 average price target.
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The company has a one-year high of $23.90 and a one-year low of $2.15. Currently, Jumia Technologies AG has an average volume of 7.3M.
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Jumia Technologies AG engages in the provision of logistic services. It operates though e-Commerce platform segment. The e-Commerce platform segment consists marketplace, which connects sellers with consumers to its logistics service, which enables the shipment and delivery of packages from sellers to consumers, and payment service, which facilitates transactions among participants active on platform in selected markets. The company was founded on June 26, 2012 and is headquartered in Berlin, Germany.
