GDS (GDS) Now Covered by Berenberg Bank
Berenberg Bank initiated coverage on shares of GDS (NASDAQ:GDS) in a research report report published on Thursday morning, MarketBeat reports. The brokerage issued a sell rating and a $16.00 price objective on the stock.
A number of other analysts have also recently commented on the stock. SunTrust Banks began coverage on shares of GDS in a research note on Tuesday, September 18th. They set a buy rating and a $46.00 target price for the company. Zacks Investment Research cut shares of GDS from a buy rating to a hold rating in a research note on Tuesday, September 11th. Cowen began coverage on shares of GDS in a research note on Monday, September 10th. They set an outperform rating and a $45.00 target price for the company. BidaskClub cut shares of GDS from a buy rating to a hold rating in a research note on Saturday, September 8th. Finally, Guggenheim reissued a buy rating and set a $52.00 target price on shares of GDS in a research note on Thursday, August 16th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. GDS has an average rating of Buy and a consensus price target of $38.46.
GDS stock opened at $34.30 on Thursday. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.51 and a quick ratio of 1.51. GDS has a 52 week low of $10.80 and a 52 week high of $46.18.
GDS Holdings Limited, together with its subsidiaries, designs, builds, and operates data centers in the People's Republic of China. The company provides colocation, managed hosting, and managed cloud services. Its data centers service customers that primarily operate in the Internet and banking industries in Shanghai, Beijing, Shenzhen, Guangzhou, and Chengdu.
Receive News & Ratings for GDS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GDS and related companies with MarketBeat.com's FREE daily email newsletter.