Nomura analyst Bing Duan maintained a Buy rating on Kingsoft (KSFTF – Research Report) today and set a price target of HK$33.00. The company’s shares closed last Friday at $3.20.
Duan covers the Technology sector, focusing on stocks such as Kingdee International Software Group Co, ZTE, and Kingsoft Cloud Holdings. According to TipRanks, Duan has an average return of -30.6% and a 15.00% success rate on recommended stocks.
Currently, the analyst consensus on Kingsoft is a Strong Buy with an average price target of $4.34.
The company has a one-year high of $4.69 and a one-year low of $2.34. Currently, Kingsoft has an average volume of 1,497.
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Kingsoft (KSFTF) Company Description:
Kingsoft Corp Kingsoft is a Chinese software and Internet services company. It is organized into three operating segments: Entertainment software segment engages in the research and development of games, and provision of online games, mobile games and casual game services, the Information Security and Internet Services segment engages in the research, development and operation of information security software, internet browser, mission critical mobile applications, and provision of online marketing services and internet value-added services and the Office Software and others segment involved in the research, development and distribution of office application software, provision of cloud storage, cloud computation and dictionary services.
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