It’s been a crucial week for Fang Holdings Limited (NYSE:SFUN); here’s what analysts have to say.

October 13, 2018 - By Michael Collier

Fang Holdings Limited (NYSE:SFUN) Ratings Coverage

Among 2 analysts covering Fang Holdings (NYSE:SFUN), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Fang Holdings had 2 analyst reports since August 29, 2018 according to SRatingsIntel. The company was downgraded on Wednesday, August 29 by Credit Suisse. The stock has “Neutral” rating by JP Morgan on Wednesday, August 29. Below is a list of Fang Holdings Limited (NYSE:SFUN) latest ratings and price target changes.

29/08/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Neutral Old Target: $87 Downgrade
29/08/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $4.2 New Target: $3.6 Maintain

The stock increased 3.64% or $0.08 during the last trading session, reaching $2.28. About 956,755 shares traded. Fang Holdings Limited (NYSE:SFUN) has declined 43.21% since October 13, 2017 and is downtrending. It has underperformed by 58.83% the S&P500.

Fang Holdings Limited operates a real estate Internet portal through which it provides e-commerce, marketing, listing, financial, and value-added services. The company has market cap of $1.01 billion. It supports active online communities and networks of users seeking information on, and other value-added services for, the real estate and home furnishing and improvement sectors. It currently has negative earnings. The firm was formerly known as SouFun Holdings Limited and changed its name to Fang Holdings Limited in September 2016.

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