Stifel Nicolaus began coverage on shares of BEST Inc (NASDAQ:BSTI) in a report issued on Monday, October 16th, Marketbeat.com reports. The brokerage issued a buy rating and a $16.00 price target on the stock.
BSTI has been the subject of a number of other research reports. Credit Suisse Group assumed coverage on shares of BEST in a research note on Monday, October 16th. They set an outperform rating for the company. Goldman Sachs Group, Inc. (The) began coverage on shares of BEST in a research note on Sunday, October 15th. They set a buy rating and a $16.60 price target for the company. Finally, KeyCorp began coverage on shares of BEST in a research note on Monday, October 16th. They issued an overweight rating and a $16.00 target price for the company. Six research analysts have rated the stock with a buy rating, BEST currently has an average rating of Buy and a consensus target price of $16.20.
Shares of BEST (NASDAQ BSTI) opened at 10.93 on Monday. The stock’s 50 day moving average price is $11.33 and its 200-day moving average price is $11.33. The company’s market cap is $2.48 billion. BEST has a 12-month low of $10.31 and a 12-month high of $13.25.
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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.
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