Qudian Inc. – Consensus Indicates Potential 15.7% Upside

Broker Ratings
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Qudian Inc. with ticker code (QD) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 1.43 and 1.08 with the average target price sitting at 1.25. Now with the previous closing price of 1.08 this now indicates there is a potential upside of 15.7%. The 50 day MA is 1.1 and the 200 day moving average is 1.1. The market capitalisation for the company is $273m. Company Website: https://www.qudian.com

The potential market cap would be $316m based on the market concensus.

Qudian Inc. operates as a consumer-oriented technology company in the People’s Republic of China. The company provides small cash credit products to consumers; and financial leasing and financing guarantee services, as well as technology development and services. It also offers ready-to-cook meal products for working-class consumers. The company was founded in 2014 and is headquartered in Xiamen, the People’s Republic of China.

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