Macquarie Starts Stock Coverage on 7 Days Group Holdings Ltd (SVN)

By admin | 6 years ago

Equities researchers at Macquarie began coverage on shares of 7 Days Group Holdings Ltd (NYSE: SVN) in a report issued on Thursday. The firm set an “outperform” rating on the stock.

7 Days Group Holdings Ltd traded down 1.15% on Thursday, hitting $12.04. 7 Days Group Holdings Ltd has a 1-year low of $10.88 and a 1-year high of $22.96. The company has a market cap of $601.7 million and a price-to-earnings ratio of 30.15.

Separately, analysts at Brean Murray cut their price target on shares of 7 Days Group Holdings Ltd from $30.00 to $25.00 in a research note to investors on Friday, March 9th. They now have a “buy” rating on the stock.

7 Days Group Holdings Limited is a hotel chain based in China. The Company converts and operates limited service economy hotels across metropolitan area in China under its 7 Days Inn brand.

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