Shares of Ehi Car Services Ltd (NYSE:EHIC) have received an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Brokerages have set a 1 year consensus price target of $13.00 for the company, according to Zacks. Zacks has also given Ehi Car Services an industry rank of 91 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research raised Ehi Car Services from a “sell” rating to a “hold” rating in a research note on Tuesday, November 21st.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Yiheng Capital LLC increased its stake in shares of Ehi Car Services by 16.5% during the fourth quarter. Yiheng Capital LLC now owns 2,957,154 shares of the company’s stock valued at $34,214,000 after buying an additional 419,057 shares during the period. Renaissance Technologies LLC increased its stake in shares of Ehi Car Services by 59.6% during the fourth quarter. Renaissance Technologies LLC now owns 418,100 shares of the company’s stock valued at $4,837,000 after buying an additional 156,100 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Ehi Car Services by 21.6% during the third quarter. Dimensional Fund Advisors LP now owns 209,334 shares of the company’s stock valued at $2,051,000 after buying an additional 37,187 shares during the period. Millennium Management LLC increased its stake in shares of Ehi Car Services by 246.2% during the fourth quarter. Millennium Management LLC now owns 206,494 shares of the company’s stock valued at $2,389,000 after buying an additional 146,840 shares during the period. Finally, Deutsche Bank AG increased its stake in shares of Ehi Car Services by 79.5% during the fourth quarter. Deutsche Bank AG now owns 105,050 shares of the company’s stock valued at $1,215,000 after buying an additional 46,535 shares during the period. 27.84% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Ehi Car Services (NYSE EHIC) traded up $0.09 during trading on Monday, reaching $11.82. The company’s stock had a trading volume of 174,064 shares, compared to its average volume of 177,465. The stock has a market cap of $826.91, a PE ratio of 53.73 and a beta of 0.50. Ehi Car Services has a 1-year low of $8.89 and a 1-year high of $12.50.
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Ehi Car Services Company Profile
eHi Car Services Limited, formerly Prudent Choice International Limited, is a holding company. The Company is engaged in car rentals and car services. The Company provides self-drive car rental services to both individual customers, as well as corporate and institutional clients to meet travel, leisure, business and ground transportation needs.
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