BEST Inc (NASDAQ:BSTI) Coverage Initiated at Credit Suisse Group

Credit Suisse Group assumed coverage on shares of BEST Inc (NASDAQ:BSTI) in a research note released on Monday, October 16th, Marketbeat.com reports. The firm issued an outperform rating on the stock.

A number of other research analysts have also weighed in on the company. KeyCorp assumed coverage on BEST in a research report on Monday, October 16th. They set an overweight rating and a $16.00 price objective for the company. Goldman Sachs Group, Inc. (The) assumed coverage on BEST in a research report on Sunday, October 15th. They set a buy rating and a $16.60 price objective for the company. Six analysts have rated the stock with a buy rating, BEST has an average rating of Buy and an average target price of $16.20.

Shares of BEST (NASDAQ BSTI) opened at 10.67 on Monday. BEST has a 12 month low of $10.31 and a 12 month high of $13.25. The company’s market capitalization is $2.42 billion. The company’s 50 day moving average price is $11.33 and its 200 day moving average price is $11.33.

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BEST Company Profile

BEST Inc is engaged in providing supply chain solutions. The Company offers a cloud based platform, BEST Cloud which is integration of online and offline retail to offer delivery. It provides technology-enabled solutions to its users. The Company’s service offerings include BEST supply chain management, BEST express, BEST freight, BEST store+, BEST global, BEST cargo and BEST Ucargo.

Analyst Recommendations for BEST (NASDAQ:BSTI)

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