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Company short term price targets: Qunar Cayman Islands Limited, Western Alliance Bancorporation

Qunar-CaymanFrom Daniel Richards FICO

Qunar Cayman Islands Limited (NASDAQ:QUNR): 4 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $32.75 in J7Qunar Cayman Islands Limited (NASDAQ:QUNR). However, the stock price could fluctuate by $ 2.75 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $36 price target with the lower price estimate is calculated at $30 Investors in Qunar Cayman Islands Limited (NASDAQ:QUNR) witnessed a surge in their wealth as the shares shot up 0.3% or 0.08 points to close at $26.59. The trading commenced at $26.51 and the price never settled into the negative territory, finally ending the session in the positive territory; this indicates strong inherent strength in the upmove. The previous close of the counter was $26.51. Interestingly, the 52-week high of the share price is $36.73. At close, the volume was measured at 438,757 shares. With 13,111,000 shares outstanding, the market cap of the company is $349 million. The shares have a 52-week low of $21.

Western Alliance Bancorporation (NYSE:WAL) should head towards $28.14 per share according to 7 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $27 per share. The higher price estimate target is at $30 according to the Analysts. Western Alliance Bancorporation (NYSE:WAL) : Strong bullish mood helped the shares of Western Alliance Bancorporation (NYSE:WAL) appreciate in value. The share price gained 0.29 points or 1.1% to close at $26.56 with 303,614 shares exchanging hands. The trading began on a bullish sentiment but no considerable downsides were seen throughout the day; the intraday low was registered at $26.16. However, the shares hit an intraday high of $26.58. The previous close of the share price was $26.27. Western Alliance Bancorporation (NYSE:WAL) has a market cap of $2,339 million and the number of outstanding shares is calculated to be 88,082,000. The 52-week low of the share price is $20.56.

For more on this story go to: http://ficonewsmedia.com/company-short-term-price-targetsqunar-cayman-islands-limited-western-alliance-bancorporation-2/34243/

 

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