Live Price Coverage: How Analysts Feel About Inc After Touching 52-Week Low?

Live Price Coverage: How Analysts Feel About Inc After Touching 52 Week Low?

The stock of Inc (NASDAQ:SOHU) hit a new 52-week low and has $32.28 target or 6.00% below today’s $34.34 share price. The 8 months bearish chart indicates high risk for the $1.35 billion company. The 1-year low was reported on Nov, 14 by If the $32.28 price target is reached, the company will be worth $81.00 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 87,541 shares traded hands. Inc (NASDAQ:SOHU) has declined 26.41% since April 12, 2016 and is downtrending. It has underperformed by 31.39% the S&P500. Inc (NASDAQ:SOHU) Ratings Coverage

Out of 5 analysts covering Inc. (NASDAQ:SOHU), 1 rate it a “Buy”, 2 “Sell”, while 2 “Hold”. This means 20% are positive. Inc. has been the topic of 5 analyst reports since October 8, 2015 according to StockzIntelligence Inc. Goldman Sachs downgraded the shares of SOHU in a report on Monday, November 30 to “Sell” rating. The firm has “Underweight” rating given on Wednesday, August 31 by JP Morgan. The stock of Inc (NASDAQ:SOHU) earned “Neutral” rating by Macquarie Research on Monday, October 19. The firm earned “Neutral” rating on Friday, July 22 by Citigroup.

According to Zacks Investment Research, “ Inc. is a leading Internet portal in China in terms of brand recognition, page views and registered users. The company’s portal consists of the following: Chinese language Web navigational and search capabilities, twelve main content channels, Web-based communications and community services, and a platform for e-commerce services. The company is well positioned to capitalize on the emergence of the Web as a new advertising medium and commerce platform in China.”

Insitutional Activity: The institutional sentiment increased to 1.14 in Q2 2016. Its up 0.32, from 0.82 in 2016Q1. The ratio improved, as 15 funds sold all Inc shares owned while 29 reduced positions. 12 funds bought stakes while 38 increased positions. They now own 16.63 million shares or 12.01% less from 18.90 million shares in 2016Q1.
Hillhouse Cap Mngmt owns 1.65 million shares or 1.57% of their US portfolio. Savings Bank Of America Corporation De, a North Carolina-based fund reported 310,392 shares. Ladenburg Thalmann Fincl Services Inc owns 56 shares or 0% of their US portfolio. Paloma Prns Mngmt Company last reported 22,978 shares in the company. Grantham Mayo Van Otterloo And Ltd Liability Corp holds 0.07% or 429,026 shares in its portfolio. The Minnesota-based Walleye Trading Limited Liability Com has invested 0% in Inc (NASDAQ:SOHU). Oxford Asset holds 0.18% or 114,521 shares in its portfolio. Blackrock Gp has invested 0% of its portfolio in Inc (NASDAQ:SOHU). Moreover, Contrarius Mgmt Ltd has 0.96% invested in Inc (NASDAQ:SOHU) for 299,093 shares. The United Kingdom-based Hsbc Public Limited Com has invested 0.05% in Inc (NASDAQ:SOHU). Susquehanna Gp Ltd Liability Partnership has 29,306 shares for 0% of their US portfolio. Moreover, Northcoast Asset Mgmt Limited Liability has 0.04% invested in Inc (NASDAQ:SOHU) for 16,103 shares. Credit Suisse Ag has invested 0% of its portfolio in Inc (NASDAQ:SOHU). Glenmede Trust Na reported 31 shares or 0% of all its holdings. Jpmorgan Chase Company holds 0% of its portfolio in Inc (NASDAQ:SOHU) for 20 shares.

More important recent Inc (NASDAQ:SOHU) news were published by: which released: “ Reports Third Quarter 2016 Unaudited Financial Results” on October 24, 2016, also published article titled: “ Inc. Earnings: We’re Going the Wrong Way”, published: “ to Report Third Quarter 2016 Financial Results on October 24, 2016” on October 11, 2016. More interesting news about Inc (NASDAQ:SOHU) was released by: and their article: “Earnings Reaction History: Inc, 27.3% Follow-Through Indicator, 4.2 …” with publication date: October 24, 2016.

SOHU Company Profile Inc. (Sohu), incorporated on August 2, 1996, is an online media, search and game service firm providing online services and products on personal computers (PCs) and mobile devices in the People’s Republic of China (the PRC). The Firm operates through three divisions: the Sohu segment; the Sogou segment, and the Changyou segment. Sogou is an online search, client software and mobile Internet product well-known provider in China. Changyou is an online game developer and operator in China as measured by its MMOG Tian Long Ba Bu (TLBB) and its mobile game TLBB three-dimensional (TLBB 3D), and engages primarily in the development, operation and licensing of online games for PCs and mobile devices.

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