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Jumia Technologies AG (JMIA) Receives a Hold from Stifel Nicolaus

In a report released yesterday, Lamont Williams from Stifel Nicolaus maintained a Hold rating on Jumia Technologies AG (JMIAResearch Report), with a price target of $11.00. The company’s shares closed last Wednesday at $7.52, close to its 52-week low of $6.99.

According to TipRanks.com, Williams is ranked #2585 out of 7788 analysts.

Currently, the analyst consensus on Jumia Technologies AG is a Moderate Sell with an average price target of $11.00.

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The company has a one-year high of $54.92 and a one-year low of $6.99. Currently, Jumia Technologies AG has an average volume of 4.9M.

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Jumia Technologies AG engages in the provision of logistic services. It operates though e-Commerce platform segment. The e-Commerce platform segment consists marketplace, which connects sellers with consumers to its logistics service, which enables the shipment and delivery of packages from sellers to consumers, and payment service, which facilitates transactions among participants active on platform in selected markets. The company was founded on June 26, 2012 and is headquartered in Berlin, Germany.

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