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DBS Sticks to Its Buy Rating for VNET Group, Inc. Sponsored ADR (VNET)

DBS Sticks to Its Buy Rating for VNET Group, Inc. Sponsored ADR (VNET)

DBS analyst maintained a Buy rating on VNET Group, Inc. Sponsored ADR (VNET – Research Report) today and set a price target of $9.00. The company's shares closed yesterday at $5.46.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for VNET Group, Inc. Sponsored ADR with a $14.70 average price target, a 169.23% upside from current levels. In a report released on May 28, Jefferies also maintained a Buy rating on the stock with a $15.81 price target.
VNET market cap is currently $1.62B and has a P/E ratio of 66.54.
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