DiDi Global Inc. (OTCMKTS:DIDIY) Receives Consensus Rating of “Buy” from Brokerages

DiDi Global Inc. (OTCMKTS:DIDIY) has been assigned an average rating of “Buy” from the four analysts that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $8.60.

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

DiDi Global Price Performance

DiDi Global stock opened at $3.41 on Friday. DiDi Global has a one year low of $3.35 and a one year high of $6.99. The company’s fifty day moving average price is $3.79 and its two-hundred day moving average price is $4.56. The company has a market capitalization of $15.54 billion, a price-to-earnings ratio of 113.67 and a beta of 0.49.

About DiDi Global

DiDi Global Inc is a China-based mobility technology company that provides a range of app-based transportation services. Its core offerings include ride-hailing, taxi services, chauffeur services, and other mobility solutions designed to connect riders with drivers through its digital platform.

In addition to its transportation marketplace, DiDi has developed services that support drivers and vehicle owners, as well as technology and operational tools for mobility management. The company has also expanded into related areas such as food delivery and other local services in certain markets, though its business has historically been centered on ride-hailing.

DiDi was founded in 2012 and grew quickly through expansion in China and other international markets.