A number of other equities research analysts have also issued reports on NOAH. TheStreet lowered Noah from a “b” rating to a “c+” rating in a research report on Tuesday, July 9th. JPMorgan Chase & Co. upgraded Noah from a “neutral” rating to an “overweight” rating and set a $52.00 price target for the company in a research report on Wednesday, May 29th. Zacks Investment Research upgraded Noah from a “sell” rating to a “hold” rating in a research report on Thursday. Finally, ValuEngine lowered Noah from a “hold” rating to a “sell” rating in a research report on Wednesday, September 4th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $53.09.
NYSE:NOAH traded up $0.77 during trading hours on Monday, hitting $31.51. 236,896 shares of the stock were exchanged, compared to its average volume of 474,667. Noah has a 52-week low of $28.17 and a 52-week high of $60.14. The firm’s fifty day moving average price is $30.50 and its 200 day moving average price is $41.84. The company has a market cap of $1.76 billion, a P/E ratio of 16.24 and a beta of 1.97.
Noah Holdings Limited, through its subsidiaries, operates as a wealth and asset management service provider with focus on wealth investment and asset allocation services for high net worth individuals and enterprises in the People's Republic of China. The company operates through three segments: Wealth Management, Asset Management, and Other Financial Service.
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