Analyst Rating Update on Cheetah Mobile (CMCM)

Cheetah Mobile (NYSE:CMCM) : The consensus on Cheetah Mobile (NYSE:CMCM) based on 2 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Cheetah Mobile (NYSE:CMCM) : The most positive equity analysts on Cheetah Mobile (NYSE:CMCM) expects the shares to touch $29, whereas, the least positive believes that the stock will trade at $11 in the short term. The company is covered by 2 Wall Street Brokerage Firms. The average price target for shares are $20 with an expected fluctuation of $12.73 from the mean.

Company shares have received an average consensus rating of Hold for the current week

Cheetah Mobile (NYSE:CMCM): stock turned positive on Tuesday. Though the stock opened at $8.98, the bulls momentum made the stock top out at $9.195 level for the day. The stock recorded a low of $8.79 and closed the trading day at $9.09, in the green by 2.48%. The total traded volume for the day was 693,915. The stock had closed at $8.87 in the previous days trading.

Cheetah Mobile Inc. is a provider of online marketing services, Internet value-added services and Internet security services and others in the Peoples Republic of China (the PRC). The Company operates a platform that offers mobile and Personal Computer (PC) applications for its users and global content distribution channels for its customers, both of which are powered by its cloud-based data analytics engines. For its users, the Companys suite of applications improves mobile and PC Internet system performance and provides real time protection against known and unknown security threats. For its customers, the Companys platform provides multiple user traffic entry points and global content distribution channels capable of delivering targeted content to hundreds of millions of people. Kingsoft Corporation Limited is the holding company of the Company.

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