Oppenheimer analyst Bo Pei CFA maintained a Buy rating on BEST (NYSE:BEST) Inc on Thursday, setting a price target of $6, which is approximately 116.61% above the present share price of $2.77.
Pei CFA expects BEST Inc to post earnings per share (EPS) of $0.00 for the fourth quarter of 2020.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in BEST, with an average price target of $6.
The analysts price targets range from a high of $6 to a low of $6.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $8.42 billion and a net profit of -$36.17 million. The company's market cap is $1 billion.
According to TipRanks.com, Oppenheimer analyst Bo Pei CFA is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -14.9% and a 23.08% success rate.
BEST, Inc. (China) is a holding company, which engages in the smart supply chain services. It operates through the following business segments: Supply Chain Management, Express Delivery, Freight Delivery, Store, and Others. The Others segment relates to the cross-border logistic coordination services. The company was founded by Shao Ning Chou in May 2007 and is headquartered in Hangzhou, China.