Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

-19.68 % to Target, Needham Reiterates “Buy” Rating for Qudian (NYSE:QD) Stock

Needham Analyst Rating Change Qudian NYSE:QD

Qudian (NYSE:QD) Rating Reiterated

In a research report revealed to clients on 5 December, Qudian (NYSE:QD) stock had its “Buy” Rating reconfirmed by stock research analysts at Needham. They currently have a $20.0 target on company. Needham’s target would indicate a potential downside of -19.68 % from the company’s last price.

NYSE:QD is right now trading -0.24% lower at $12.22 as of 12:04 PM New York time. Qudian’s stock is 0% over the last 200 days. It has underperformed the S&P500 Index, which has added 6.00% over the same time.

QD Stock Chart

Qudian (NYSE:QD) Profile

Qudian Inc. provides cash credit products, which provide funds in digital form, and merchandise credit products. The Company operates through an online platform and all the transaction are facilitated through mobile devices. Borrowers can apply for credit on their mobile phones and receive approval within a few seconds.

Qudian (NYSE:QD) traded down -0.24% on 5 December, hitting $12.22. A total of 518,159 shares of the company’s stock traded hands. This is down from average of 9.22 million shares. Qudian has a 52 week low of $12.03 and a 52 week high of $35.45. The company has a market cap of $4.03 billion and a P/E ratio of 13.89.

Get the latest Qudian (NYSE:QD) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post -19.68 % to Target, Needham Reiterates “Buy” Rating for Qudian (NYSE:QD) Stock appeared first on Octafinance.

This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

Share the post

-19.68 % to Target, Needham Reiterates “Buy” Rating for Qudian (NYSE:QD) Stock


Subscribe to Octafinance – Financial News, Reports And Intell

Get updates delivered right to your inbox!

Thank you for your subscription