Stifel Nicolaus Maintains Their Buy Rating on Jumia Technologies AG (JMIA)


In a report released today, Scott Devitt from Stifel Nicolaus maintained a Buy rating on Jumia Technologies AG (JMIA), with a price target of $8.00. The company’s shares closed last Monday at $4.01, close to its 52-week low of $4.00.

According to TipRanks.com, Devitt is a top 100 analyst with an average return of 19.2% and a 66.2% success rate. Devitt covers the Technology sector, focusing on stocks such as Uber Technologies, Mercadolibre, and Facebook.

Jumia Technologies AG has an analyst consensus of Hold, with a price target consensus of $5.75.

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The company has a one-year high of $49.77 and a one-year low of $4.00. Currently, Jumia Technologies AG has an average volume of 2.27M.

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Jumia Technologies AG engages in the provision of logistic services. It operates though e-Commerce platform segment.

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