Zacks: 51job, Inc. (JOBS) Given Average Rating of “Strong Buy” by Analysts
51job, Inc. (NASDAQ:JOBS) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Zacks has also given 51job an industry rank of 115 out of 265 based on the ratings given to related companies.
A number of brokerages have commented on JOBS. Macquarie upgraded shares of 51job from a “neutral” rating to an “outperform” rating and set a $60.00 target price on the stock in a research note on Friday, August 4th. BidaskClub upgraded shares of 51job from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 23rd.
Several institutional investors have recently added to or reduced their stakes in the stock. Penserra Capital Management LLC increased its position in 51job by 19.0% in the first quarter. Penserra Capital Management LLC now owns 6,746 shares of the company’s stock worth $247,000 after buying an additional 1,079 shares in the last quarter. Aperio Group LLC increased its position in 51job by 11.0% in the second quarter. Aperio Group LLC now owns 12,877 shares of the company’s stock worth $576,000 after buying an additional 1,277 shares in the last quarter. Bank of America Corp DE increased its position in 51job by 154.2% in the first quarter. Bank of America Corp DE now owns 2,860 shares of the company’s stock worth $105,000 after buying an additional 1,735 shares in the last quarter. Goldman Sachs Group Inc. increased its position in 51job by 8.6% in the first quarter. Goldman Sachs Group Inc. now owns 24,691 shares of the company’s stock worth $905,000 after buying an additional 1,947 shares in the last quarter. Finally, US Bancorp DE increased its position in 51job by 23.0% in the first quarter. US Bancorp DE now owns 10,605 shares of the company’s stock worth $389,000 after buying an additional 1,981 shares in the last quarter. Hedge funds and other institutional investors own 42.64% of the company’s stock.
Shares of 51job (JOBS) opened at 55.63 on Friday. The firm has a market capitalization of $3.42 billion, a PE ratio of 40.75 and a beta of 1.33. The firm’s 50 day moving average is $48.58 and its 200 day moving average is $41.61. 51job has a 1-year low of $31.25 and a 1-year high of $56.94.
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51job Company Profile
51job, Inc is a holding company. The Company is a provider of integrated human resource services in China. The Company focuses on online recruitment advertising. The Company operates over three Websites, including www.51job.com, www.yingjiesheng.com and www.51jingying.com, which are utilized by a base of corporate employers, reach an audience of job seekers and aggregate job information from over 100 cities across China.
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