Barclays Thinks KE Holdings Inc. Sponsored ADR Class A’s Stock is Going to Recover

Barclays analyst Jiong Shao maintained a Buy rating on KE Holdings Inc. Sponsored ADR Class A (BEKEResearch Report) on March 10 and set a price target of $24.00. The company’s shares closed last Friday at $10.04, close to its 52-week low of $9.77.

According to TipRanks.com, Shao is ranked #2212 out of 7784 analysts.

Currently, the analyst consensus on KE Holdings Inc. Sponsored ADR Class A is a Strong Buy with an average price target of $25.43.

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KE Holdings Inc is a China-based company that operates an integrated online and offline platform for housing transactions and services in the People’s Republic of China. The company, through its Beike platform, facilitates various housing transactions ranging from existing and new home sales and home rentals to home renovation, real estate financial solutions, and other services.

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