Zacks Investment Research announced Noah Holdings Limited (ADR) (NYSE:NOAH), bumping its target to $28.00 today
- Updated: November 29, 2016
Noah Holdings Limited (ADR) (NYSE:NOAH) had its target price raised to $28.00 by Zacks Investment Research in a report issued 11/30/2016. The updated stock price target implies a possible upside of 0.13% based on the company's last closing price.
Having a price of $24.69, Noah Holdings Limited (ADR) (NYSE:NOAH) traded -0.16% lower on the day. With the last stock price down -2.20% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. NOAH has recorded a 50-day average of $24.46 and a two hundred day average of $25.25. Trade Volume was up over the average, with 144,881 shares of NOAH changing hands over the typical 127,403
Recent Performance Chart
Noah Holdings Limited (ADR) has PE ratio of 16.11 with a one year low of $20.30 and a one year high of $32.90 and has a market capitalization of $0.
A total of 1 brokerage has released a report on Noah Holdings Limited (ADR). zero brokerages rating the company a strong buy, one brokerage rating the company a buy, one brokerage 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 $28.00.
General Company Details For Noah Holdings Limited (ADR) (NYSE:NOAH)
Noah Holdings Limited is a wealth management service provider with a focus on global wealth investment and asset allocation services for high net worth individuals and enterprises in China. The Company operates through three segments: wealth management, asset management and Internet finance. It also provides Internet finance services to clients in China. It provides direct access to China's high net worth population. With approximately 1,100 relationship managers in over 130 branch offices, its coverage network includes China's regions where high net worth population is concentrated, including the Yangtze River Delta, the Pearl River Delta, the Bohai Rim and other regions. Its product offerings consist primarily of over-the-counter (OTC) wealth management and OTC asset management products, mutual fund products and asset management plans originated in China and designed to cater to the needs of China's high net worth population.
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