DiDi Global Inc. (OTCMKTS:DIDIY) Given Average Rating of “Buy” by Analysts

Shares of DiDi Global Inc. (OTCMKTS:DIDIY) have been given a consensus rating of “Buy” by the four brokerages that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $8.60.

Separately, Zacks Research raised shares of DiDi Global from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 18th.

DiDi Global Price Performance

Shares of OTCMKTS:DIDIY opened at $3.59 on Monday. The company’s fifty day moving average is $4.06 and its two-hundred day moving average is $4.89. DiDi Global has a 12-month low of $3.55 and a 12-month high of $6.99. The company has a market cap of $16.37 billion, a P/E ratio of 119.67 and a beta of 0.49.

DiDi Global Company Profile

DiDi Global is a Beijing-based mobility technology company that operates an app-based platform connecting passengers, drivers and other mobility providers. Founded by Cheng Wei in 2012, the company built one of China’s largest ride-hailing networks and has expanded its product set beyond point-to-point passenger transport to offer a broader range of mobility services and technology solutions.

DiDi’s core offerings include on-demand ride-hailing, taxi and private-car services, carpooling and chauffeur options, along with services for drivers such as fleet management and payments.