Noah Holdings Limited (NYSE:NOAH – Get Rating) shares reached a new 52-week low on Friday . The stock traded as low as $14.69 and last traded at $14.73, with a volume of 281 shares. The stock had previously closed at $15.51.
Analysts Set New Price Targets
Several brokerages have recently commented on NOAH. StockNews.com upgraded shares of Noah from a “hold” rating to a “buy” rating in a report on Tuesday, September 6th. JPMorgan Chase & Co. raised shares of Noah from a “neutral” rating to an “overweight” rating and set a $22.00 target price on the stock in a research note on Wednesday, June 22nd. Finally, Citigroup decreased their price target on shares of Noah from $32.10 to $30.50 and set a “buy” rating on the stock in a research note on Wednesday, August 24th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $35.94.
Noah Trading Down 1.1 %
The stock has a market cap of $922.85 million, a P/E ratio of 5.56, a PEG ratio of 0.86 and a beta of 1.02. The stock’s fifty day moving average price is $17.25 and its 200 day moving average price is $19.20.
Hedge Funds Weigh In On Noah
Noah Company Profile
Noah Holdings Limited, together with its subsidiaries, operates as a wealth and asset management service provider with the focus on investment and asset allocation services for high net worth individuals and enterprises in Mainland of China, Hong Kong, and internationally. The company operates through three segments: Wealth Management, Asset Management, and Other Businesses.
- Get a free copy of the StockNews.com research report on Noah (NOAH)
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