ValuEngine cut shares of Qudian (NYSE:QD) from a strong-buy rating to a buy rating in a research note published on Friday morning.
QD has been the subject of a number of other reports. Zacks Investment Research raised Qudian from a strong sell rating to a hold rating in a research report on Friday, January 26th. Stifel Nicolaus downgraded Qudian from a buy rating to a hold rating and set a $15.00 price target for the company. in a research report on Friday, January 26th. Needham & Company LLC reaffirmed a buy rating and set a $20.00 price target (down from $30.00) on shares of Qudian in a research report on Tuesday, December 5th. began coverage on Qudian in a research report on Wednesday, November 15th. They set a buy rating and a $35.00 price target for the company. Finally, Citigroup began coverage on Qudian in a research report on Tuesday, November 14th. They set a buy rating for the company. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company. Qudian presently has an average rating of Buy and a consensus target price of $23.50.
Shares of Qudian (NYSE QD) opened at $16.51 on Friday. The company has a market capitalization of $5,450.00 and a P/E ratio of 17.95. Qudian has a 52 week low of $11.33 and a 52 week high of $35.45. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of -0.14.
Qudian 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.
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