SouFun Holdings Limited (SFUN) has an average broker rating of 1.25, which is interpreted as a Strong Buy, as rated by 2 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
SouFun Holdings Limited (SFUN) has been rated by 3 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $8 and the lowest price target forecast is $7. The average forecast of all the analysts is $7.3 and the expected standard deviation is $0.85.
For the current week, the company shares have a recommendation consensus of Buy. SouFun Holdings Limited (NYSE:SFUN): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $5.00 and $4.95 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $5.04. The buying momentum continued till the end and the stock did not give up its gains. It closed at $5.03, notching a gain of 0.60% for the day. The total traded volume was 1,664,716 . The stock had closed at $5.00 on the previous day.
SouFun Holdings Limited operates as a real estate Internet portal in China. The Company also operates home furnishing and improvement Websites. Its Websites and mobile applications support online communities and networks of users seeking information on, and services for, the real estate and home-related sectors in China. The Companys www.fang.com Website contains contents covering more than 350 cities across China, as well as Hong Kong, Taiwan, Singapore and Vancouver, Canada. This Website also contains links to other specialized real estate and home furnishing and improvement Websites, including its www.jiatx.com Website, its e-commerce transaction and payment platform, and its.txdai.com Website, its financing platform. The Companys service offerings include marketing services, e-commerce services, listing services and other value-added services.