21Vianet Group (VNET) has an average broker rating of 3.9, which is interpreted as a Sell, as rated by 3 equity analysts. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.
21Vianet Group (VNET) : The most positive equity analysts on 21Vianet Group (VNET) expects the shares to touch $10, whereas, the least positive believes that the stock will trade at $6 in the short term. The company is covered by 3 Wall Street Brokerage Firms. The average price target for shares are $7.87 with an expected fluctuation of $2.2 from the mean.
The shares have received a consensus rating of Sell for the current week Also, Equity Analysts at the Brokerage Firm, JP Morgan, downgrades their rating on the shares of 21Vianet Group (NASDAQ:VNET). JP Morgan has a Underweight rating on the shares. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on August 17, 2016.
21Vianet Group (NASDAQ:VNET): stock was range-bound between the intraday low of $8.95 and the intraday high of $9.16 after having opened at $9.11 on Wednesdays session. The stock finally closed in the red at $9.11, a loss of -1.74%. The stock remained in the red for the whole trading day. The total traded volume was 1,109,775 shares. The stock failed to cross $9.16 in Wednesdays trading. The stocks closing price on Thursday was $9.19.
21Vianet Group, Inc. is a carrier-neutral Internet data center services provider in China. The Company hosts its customers servers and networking equipment and provides interconnectivity to improve the performance, availability and security of their Internet infrastructure. The Company also provides managed network services to enable customers to deliver data across the Internet in a faster and reliable manner through its data transmission network and smart routing technology. The Company provides complementary Internet infrastructure services, such as content delivery network (CDN) services, virtual private network (VPN) services and last-mile wired broadband services to improve the security, speed and quality of data transmission in China. It offers public cloud services, private cloud and hybrid services. In addition, the Company also offers container-based data center service.