Bernstein analyst Bokyung Suh maintained a Sell rating on Coupang (CPNG – Research Report) today and set a price target of $11.60. The company’s shares closed yesterday at $17.89.
According to TipRanks, Suh is ranked #4661 out of 8491 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Coupang with a $20.91 average price target.
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CPNG market cap is currently $31.81B and has a P/E ratio of 155.98.
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CPNG in relation to earlier this year.
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Coupang Inc is an e-commerce company. The company sells apparel, electronics, footwear, food products, furniture, nutritional supplements, and other products.
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