Sina Corporation with ticker code (SINA) now have 10 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 99 and 44.4 with a mean TP of 58.7. With the stocks previous close at 42.56 this would imply there is a potential upside of 37.9%. There is a 50 day moving average of 40.76 while the 200 day moving average is 48.14. The company has a market capitalisation of $2,932m. Company Website: http://www.sina.com
SINA Corporation operates as an online media company in the People’s Republic of China and internationally. The company operates SINA.com, an online media property that provides region-focused format and content, including feeds from news providers; business news coverage and personal finance columns; multimedia news; sporting events information; entertainment news and events; automobile-related news and service information; technology updates; interactive video products, such as news, sports, and entertainment; and education, digital, fashion, luxury, health, collectibles, travel, and other interest-based channels. It also offers SINA mobile, a mobile portal, which provides news information and entertainment content from SINA.com for mobile users in mobile browser and application format. In addition, it operates Weibo.com that offers discovery products to help users discover content; self-expression products to enable users to express themselves on Weibo platform; social products to promote social interaction between users on Weibo platform; advertising and marketing solutions; and tools and services. Further, the company offers online loan facilitation and payment, VIP membership, live streaming, and game-related services. SINA Corporation was founded in 1999 and is headquartered in Beijing, the People’s Republic of China.