RBC Capital analyst Mark Mahaney maintained a Buy rating on Jumia Technologies AG (NYSE:JMIA) on Tuesday, setting a price target of $14, which is approximately 12.50% below the present share price of $16.
Mahaney expects Jumia Technologies AG to post earnings per share (EPS) of $0.00 for the fourth quarter of 2020.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Jumia Technologies AG, with an average price target of $12.5.
The analysts price targets range from a high of $14 to a low of $11.5.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $34.94 million and a net profit of -$37.57 million. The company's market cap is $1.25 billion.
According to TipRanks.com, RBC Capital analyst Mark Mahaney is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 31.9% and a 67.82% success rate.
Jumia Technologies AG engages in the provision of logistic services. It operates though e-Commerce platform segment. The e-Commerce platform segment consists marketplace, which connects sellers with consumers to its logistics service, which enables the shipment and delivery of packages from sellers to consumers, and payment service, which facilitates transactions among participants active on platform in selected markets. The company was founded on June 26, 2012 and is headquartered in Berlin, Germany.