VisionChina Media, Inc. – Ameri (NASDAQ:VISN) Price Target Cut to $21.00 by Analysts at JPMorgan Chase & Co.

VisionChina Media, Inc. – Ameri (NASDAQ:VISN) had its target price cut by JPMorgan Chase & Co. from $24.00 to $21.00 in a research note published on Thursday,Benzinga reports. They currently have a neutral rating on the business services provider’s stock.

Other analysts also recently issued research reports about the stock. Evercore began coverage on shares of VisionChina Media, Inc. – Ameri in a report on Thursday, February 26th. They set a “hold” rating and a $20.00 price objective on the stock. Zacks Research downgraded shares of VisionChina Media, Inc. – Ameri from a “hold” rating to a “strong sell” rating in a report on Monday, February 23rd. Wall Street Zen downgraded shares of VisionChina Media, Inc. – Ameri from a “buy” rating to a “hold” rating in a report on Sunday, March 8th. Finally, Weiss Ratings began coverage on shares of VisionChina Media, Inc. – Ameri in a report on Wednesday, January 14th. They set a “hold (c)” rating on the stock. Three investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $20.50.

VisionChina Media, Inc. – Ameri Stock Performance

VISN stock opened at $18.98 on Thursday. The stock has a market capitalization of $4.28 billion, a P/E ratio of 2.02, a P/E/G ratio of 1.73 and a beta of 2.38. VisionChina Media, Inc. – Ameri has a 52 week low of $2.94 and a 52 week high of $20.55. The business’s 50-day moving average is $18.30.

VisionChina Media, Inc. – Ameri Announces Dividend

The firm also recently declared a dividend, which will be paid on Monday, April 27th. Shareholders of record on Friday, April 17th will be issued a $10.00 dividend. The ex-dividend date of this dividend is Tuesday, April 28th.

VisionChina Media, Inc. – Ameri Company Profile

VisionChina Media, Inc operates an out-of-home advertising network using real-time mobile digital television broadcasts to deliver content and advertising on mass transportation systems in China based on its number of displays. The Company also provides urban mass transit wireless fidelity (Wi-Fi). As of September 30, 2015, the Company’s advertising network included approximately 97,757 digital television displays on mass transportation systems in 18 of China’s cities, including Beijing, Guangzhou and Shenzhen.