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21Vianet (NASDAQ:VNET) price target dropped to $9.00, released a report earlier today by Stifel

Boasting a price of $7.62, 21Vianet (NASDAQ:VNET) traded -1.17% lower on the day. With the last close down -20.46% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. 21Vianet has recorded a 50-day average of $7.41 and a two hundred day average of $9.58. Volume of trade was down over the average, with 192 shares of VNET changing hands under the typical 846,683

Reporting a possible upside of 0.18%, Stifel reduced the target of 21Vianet (NASDAQ:VNET) to $9.00

Performance Chart

21Vianet (NASDAQ:VNET)

With a total market value of $0, 21Vianet has with a 52 week low of $6.77 and a 52 week high of $21.32 .

In addition to Stifel reporting its stock price target, a total of 2 brokers have issued a research note on the stock. The consensus target price is $18.40 with 1 brokerage rating the company a strong buy, two brokerages rating the company a buy, two equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero analysts rating the company a sell.

More About 21Vianet (NASDAQ:VNET)

21Vianet Group, Inc. is a carrier-neutral Internet data center services provider. The Company hosts its customers' servers and networking equipment and provides interconnectivity. The Company also provides managed network services to enable customers to deliver data across the Internet through its data transmission network and smart routing technology. The Company provides value-added services, such as content delivery network (CDN) services, virtual private network (VPN) services and last-mile wired broadband services. It offers public cloud services, private cloud and hybrid services. In addition, the Company also offers container-based data center service. The Company's service offerings include hosting and related services, and managed network services. The Company provides hosting and related services to house servers and networking equipment in its data centers and connects them through its data transmission network, and offers other hosting related value-added services.

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