Fang Holdings Ltd (NYSE:SFUN) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: November 30, 2016
Zacks Investment Research has downgraded Fang Holdings Ltd (NYSE:SFUN) to Hold in a statement released on 12/01/2016.
On Wednesday November 30, 2016, Zacks Investment Research released a statement on Fang Holdings Ltd (NYSE:SFUN) upped the target price from $0.00 to $3.25 that suggested an upside of 0.12%.
Having a price of $2.93, Fang Holdings Ltd (NYSE:SFUN) traded 0.35% higher on the day. With the last close down -35.76% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. SFUN has recorded a 50-day average of $3.34 and a two hundred day average of $4.51. Trade Volume was up over the average, with 9,121,603 shares of SFUN changing hands over the typical 3,450,920
Recent Performance Chart
Fang Holdings Ltd has with a one year low of $2.80 and a one year high of $7.52 and has a market capitalization of $0.
A total of 14 analysts have released a report on Fang Holdings Ltd. Two analysts rating the company a strong buy, nine analysts rating the company a buy, four analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts 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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