Macquarie Begins Coverage on Qudian Inc. Sponsored ADR (QD)
Macquarie initiated coverage on shares of Qudian Inc. Sponsored ADR (NYSE:QD) in a research note released on Tuesday morning, Marketbeat Ratings reports. The brokerage issued an outperform rating and a $36.00 price objective on the stock.
QD has been the topic of several other reports. Credit Suisse Group began coverage on shares of Qudian Inc. Sponsored ADR in a report on Monday. They issued an outperform rating on the stock. Sanford C. Bernstein began coverage on shares of Qudian Inc. Sponsored ADR in a report on Thursday, October 19th. They issued an outperform rating on the stock. Six analysts have rated the stock with a buy rating, The stock has a consensus rating of Buy and an average price target of $35.33.
Qudian Inc. Sponsored ADR (QD) traded down $2.11 during trading on Tuesday, hitting $21.20. 7,211,244 shares of the stock traded hands, compared to its average volume of 6,024,589. Qudian Inc. Sponsored ADR has a twelve month low of $21.15 and a twelve month high of $35.45.
WARNING: “Macquarie Begins Coverage on Qudian Inc. Sponsored ADR (QD)” was originally published by Watch List News and is the property of of Watch List News. If you are accessing this article on another domain, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this article can be accessed at https://www.watchlistnews.com/macquarie-begins-coverage-on-qudian-inc-sponsored-adr-qd/1710397.html.
Qudian Inc. Sponsored ADR Company Profile
Qudian Inc provides cash credit products, which provide funds in digital form, and merchandise credit products. The Company operates through an online platform and all the transaction are facilitated through mobile devices. Borrowers can apply for credit on their mobile phones and receive approval within a few seconds.
Receive News & Ratings for Qudian Inc. Sponsored ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qudian Inc. Sponsored ADR and related companies with Analyst Ratings Network's FREE daily email newsletter.