Cango Inc. ADR (CANG) Social Stream
CANGO INC (CANG) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering CANG.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-09-12 | 1 | $4.8 | $4.8 | $4.8 | $1.08 | 344.44% |
| 2022-02-07 | 1 | $7.5 | $4.8 | $6.15 | $1.08 | 469.44% |
| 2022-06-09 | 1 | $6.5 | $3 | $4.75 | $1.08 | 339.81% |
| 2022-08-30 | 1 | $4 | $3 | $3.5 | $1.08 | 224.07% |
Price Target Last Issued August 30, 2022
The Trend in the Analyst Price Target
CANG's average price target has moved down $1.25 over the prior 169 days.
CANG reports an average of 48.72% for its upside potential over the past 82 days.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-06-09 | 1 | 6.500 | 3 | 4.75 | 3.21 | 47.98% |
| 2022-06-09 | 1 | 6.501 | 3 | 4.75 | 3.21 | 47.98% |
| 2022-08-30 | 1 | 4.000 | 3 | 3.50 | 2.33 | 50.21% |
CANG Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 3 | 0 | 0 | 1 | 0 | 0 | 1 |
The Trend in the Broker Recommendations
CANG's average broker recommendation rating improved by 0 over the prior 61 days.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for CANG as an investment opportunity.
- In the context of all US stocks, CANGO INC's number of analysts covering the stock is higher than nearly none of them.
- CANG has a higher average analyst price target than 16.39% of Technology stocks.
- CANGO INC's upside potential (average analyst target price relative to current price) is higher than 440.03% of Business Services stocks.
- CANGO INC's variance in analysts' estimates is lower than -84.64% of Technology stocks.
In terms of price targets and recommendations offered by analysts, the stocks in the Business Services industry with the ratings most similar to CANGO INC are OPRA, LTRY, and RDVT.
View All Top Stocks by Price Target
What is the outlook for CANG? Use POWR Ratings for clearer insight into price direction.