Oppenheimer analyst Bo Pei CFA maintained a Buy rating on BEST (NYSE:BEST) Inc on Friday, setting a price target of $6, which is approximately 99.34% above the present share price of $3.01.
Pei CFA expects BEST Inc to post earnings per share (EPS) of $0.00 for the fourth quarter of 2020.
The current consensus among 3 TipRanks analysts is for a Strong Buy rating of shares in BEST, with an average price target of $5.37.
The analysts price targets range from a high of $6 to a low of $4.11.
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 $1.16 billion.
According to TipRanks.com, Oppenheimer analyst Bo Pei CFA is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -3.9% and a 43.75% 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.