Where does Wall Street think Cloopen Group Holding Ltd

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Wall Street is positive on Cloopen Group Holding Ltd – ADR (RAAS). On average, analysts give the stock a strong buy rating. The average price target is $ 27, which means analysts expect the stock to rise 580.10% over the next twelve months. This average ranking gives the stock an analyst rating of 74, which is better than 74% of stocks based on data compiled by Investors Observer.

Wall Street analysts rate the RAAS as a strong buy today. Find out what this means to you and get the rest of the leaderboard on RAAS!

Why are analyst ratings important?

Analytical research by professionals can be extremely helpful when making stock market investment decisions. Analysts are able to observe industries in detail and learn how geographic impacts can affect a company’s balance sheet. This information allows investors to make decisions ahead of the curve.

Investors Observer combines the ratings of these analysts and ranks them in percentiles. This gives you the ability to compare stocks globally as opposed to a standard buy / hold / sell rating.

What’s going on with Cloopen Group Holding Ltd – ADR Stock Today?

Cloopen Group Holding Ltd – ADR (RAAS) stock fell -9.15% while the S&P 500 was up 0.9% at 10:36 a.m. on Monday, November 29. The RAAS is down $ -0.40 from the previous closing price of $ 4.37 in volume of 246,959 shares. Over the past year, the S&P 500 is up 18.53% while the RAAS is -91.73% lower. RAAS has lost -6.30 per share over the past 12 months. Click here for the full stock report for Cloopen Group Holding Ltd – ADR stock.

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