Analyst Ratings For BEST Inc (ADR) (NYSE:BSTI)
Today, BEST Inc (ADR) (NYSE:BSTI) stock received an upgrade by Macquarie from Neutral to Outperform with a price target of $8.00.
There are 9 Buy Ratings, no Strong Buy Ratings, no Sell Ratings, no Hold Ratings on the stock.
The current consensus rating on BEST Inc (ADR) (NYSE:BSTI) is Buy with a consensus target price of $12.80 per share, a potential 95.72% upside.
Some recent analyst ratings include
- 9/12/2018-BEST Inc (ADR) (NYSE:BSTI) gets upgraded to Outperform by Macquarie with a price target of $8.00
- 6/2/2018-BEST Inc (ADR) (NYSE:BSTI) gets upgraded to Buy by Citigroup
- 12/5/2017-BEST Inc (ADR) (NYSE:BSTI) has coverage initiated with a Outperform rating and $13.00 price target
- 10/16/2017-BEST Inc (ADR) (NYSE:BSTI) has coverage initiated with a Buy rating
- 10/16/2017-BEST Inc (ADR) (NYSE:BSTI) has coverage initiated with a Buy rating and $16.00 price target
About BEST Inc (ADR) (NYSE:BSTI)
BEST Inc. operates as a smart supply chain service provider in the People's Republic of China. Its proprietary technology platform enables its ecosystem participants to operate their businesses through various SaaS-based applications. The company applies its technologies to a range of applications, such as network and route optimization, swap bodies, sorting line automation, smart warehouses, and store management. It offers integrated services and solutions across the supply chain, including warehouse management, order fulfillment, express delivery, freight, and other services for multinational and corporate customers, as well as small and medium enterprises. The company also provides express delivery services; and door-to-door integrated cross-border supply chain services to and from China, including international express, less-than-truckload, fulfillment, reverse logistics, and freight forwarding through its network, and transportation and warehouse partners. In addition, it operates real-time bidding platform to source truckload capacity from independent transportation service providers and agents; and offers online merchandise sourcing and store management services for convenience stores, as well as last-mile B2C services, such as parcel pick-up and drop-off, and bill payment services. Further, BEST Inc. provides various value-added services, including customized financial services, including fleet and equipment finance leases; and centralized sourcing of products and services, such as bulk procurement of trucks and accessories. The company was founded in 2007 and is headquartered in Hangzhou, the People's Republic of China.
Recent Trading Activity for BEST Inc (ADR) (NYSE:BSTI)
Shares of BEST Inc (ADR) closed the previous trading session at 6,59 +0,25 3,94 % with 6.7 shares trading hands.