A statement released earlier today by Zacks Investment Research about Fang Holdings Ltd (NYSE:SFUN) bumps the target price to $5.00
- Updated: September 28, 2016
Having a price of $4.51, Fang Holdings Ltd (NYSE:SFUN) traded 0.67% higher on the day. With the last stock price down -13.91% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. SFUN has recorded a 50-day average of $4.59 and a two hundred day average of $5.23. Trade Volume was down over the average, with 1,126,445 shares of SFUN changing hands under the typical 3,841,910
Zacks Investment Research upped the price target of Fang Holdings Ltd (NYSE:SFUN) to $5.00 reporting a potential upside of 0.11%.
Recent Performance Chart
Fang Holdings Ltd has with a one year low of $4.27 and a one year high of $8.17 and has a market capitalization of $0.
A total of 14 brokerages have issued a ratings update on Fang Holdings Ltd. Two brokerages rating the company a strong buy, nine brokerages rating the company a buy, four brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $7.34.
General Company Details For Fang Holdings Ltd (NYSE:SFUN)
Fang Holdings Limited, formerly SouFun Holdings Limited, operates as a real estate Internet portal in China. The Company's Websites and mobile applications support active online communities and networks of users seeking information on, and services for, the real estate and home-related sectors in China. The Company, through its Internet platform, is engaged in the development of transaction and financing platforms by offering direct sales services for new homes, online real estate brokerage services and financial services. The Company's service offerings include marketing services, E-commerce services, listing services, Financial services and other value-added services. The Company provides secured loans in the form of entrusted loans and mortgage loans and unsecured loans primarily to home buyers, real estate developers and other borrowers that meet its credit assessment requirements.
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