Wuhan General Group (China) (BEST) Given Average Recommendation of “Strong Buy” by Brokerages

Wuhan General Group (China) (NASDAQ:BEST) has been given an average broker rating score of 1.00 (Strong Buy) from the seven analysts that provide coverage for the company, Zacks Investment Research reports. Seven analysts have rated the stock with a strong buy rating.

Brokerages have set a 12 month consensus price objective of $8.86 for the company and are forecasting that the company will post ($0.10) EPS for the current quarter, according to Zacks. Zacks has also given Wuhan General Group an industry rank of 206 out of 255 based on the ratings given to related companies.

Separately, Zacks Investment Research upgraded Wuhan General Group from a “sell” rating to a “hold” rating in a report on Tuesday, March 5th.

Shares of NASDAQ:BEST traded down $0.02 during mid-day trading on Friday, hitting $5.98. 777,173 shares of the company traded hands, compared to its average volume of 1,026,120. Wuhan General Group has a 52-week low of $3.77 and a 52-week high of $13.54.

Wuhan General Group Company Profile

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.

Featured Story: What is a Leveraged Buyout (LBO)?

Get a free copy of the Zacks research report on Wuhan General Group (BEST)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Wuhan General Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wuhan General Group and related companies with MarketBeat.com's FREE daily email newsletter.