Kingsoft (KSFTF)
In a report issued on August 21, Thomas Chong from Jefferies maintained a Buy rating on Kingsoft, with a price target of HK$31.80. The company’s shares closed last Wednesday at $3.25, close to its 52-week low of $3.02.
According to TipRanks.com, Chong is a 4-star analyst with an average return of 8.8% and a 49.7% success rate. Chong covers the NA sector, focusing on stocks such as China Literature, Tencent Holdings, and Weibo.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Kingsoft with a $4.00 average price target, representing a 23.1% upside. In a report issued on August 6, TipRanks – OpenAI also upgraded the stock to Buy with a HK$32.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
