In a report released today, Bokyung Suh from Bernstein reiterated a Sell rating on Coupang (CPNG – Research Report), with a price target of $11.60. The company’s shares closed last Friday at $19.15.
According to TipRanks, Suh is ranked #4710 out of 8498 analysts.
Coupang has an analyst consensus of Moderate Buy, with a price target consensus of $22.40.
See the top stocks recommended by analysts >>
CPNG market cap is currently $34.16B and has a P/E ratio of 80.19.
Based on the recent corporate insider activity of 25 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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Coupang Inc is an e-commerce company. The company sells apparel, electronics, footwear, food products, furniture, nutritional supplements, and other products.
Read More on CPNG:
