Jefferies analyst Thomas Chong maintained a Buy rating on Kingsoft Cloud Holdings (KC – Research Report) yesterday and set a price target of $6.40. The company’s shares closed yesterday at $5.17.
Chong covers the Technology sector, focusing on stocks such as Alibaba, JD, and Baidu. According to TipRanks, Chong has an average return of -0.6% and a 36.23% success rate on recommended stocks.
Kingsoft Cloud Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $6.17.
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The company has a one-year high of $10.13 and a one-year low of $1.77. Currently, Kingsoft Cloud Holdings has an average volume of 2.55M.
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Kingsoft Cloud Holdings Ltd is an independent cloud service provider in China. The company has built a cloud platform consisting of cloud infrastructure, cloud products and industry-specific solutions across public cloud, enterprise cloud and AIoT cloud services. Its products and service include Cloud Server, Cloud hard disk, Virtual private network, Relational Database, and others. Geographically, the firm operates in China.
Read More on KC:
- Kingsoft Cloud reports Q2 EPS (2c), consensus (20c)
- Kingsoft Cloud Announces Unaudited Second Quarter 2023 Financial Results
- KC Upcoming Earnings Report: What to Expect?
- Kingsoft Cloud to Report Second Quarter 2023 Financial Results on August 22, 2023
- Kingsoft Cloud reinstated with a Neutral at BofA
