Shares of Ehi Car Services Ltd (NYSE:EHIC) have been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Brokerages have set a 1-year consensus target price of $13.00 for the company, according to Zacks. Zacks has also given Ehi Car Services an industry rank of 190 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research lowered Ehi Car Services from a “hold” rating to a “sell” rating in a research report on Wednesday, September 20th.

Several institutional investors have recently bought and sold shares of the company. Yiheng Capital LLC increased its position in shares of Ehi Car Services by 14.9% during the second quarter. Yiheng Capital LLC now owns 2,538,097 shares of the company’s stock worth $25,330,000 after acquiring an additional 329,070 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Ehi Car Services by 21.6% during the third quarter. Dimensional Fund Advisors LP now owns 209,334 shares of the company’s stock worth $2,051,000 after acquiring an additional 37,187 shares during the period. Renaissance Group LLC increased its position in shares of Ehi Car Services by 11.1% during the third quarter. Renaissance Group LLC now owns 47,925 shares of the company’s stock worth $470,000 after acquiring an additional 4,786 shares during the period. Pictet Asset Management Ltd. purchased a new stake in shares of Ehi Car Services during the third quarter worth $241,000. Finally, Parametric Portfolio Associates LLC purchased a new stake in shares of Ehi Car Services during the second quarter worth $186,000. 27.88% of the stock is currently owned by institutional investors and hedge funds.

Shares of Ehi Car Services (EHIC) traded down $0.10 during midday trading on Thursday, reaching $11.91. The company’s stock had a trading volume of 45,874 shares, compared to its average volume of 49,864. The stock has a market capitalization of $833.21, a price-to-earnings ratio of 59.55 and a beta of 0.51. Ehi Car Services has a 52 week low of $8.89 and a 52 week high of $12.50.

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About Ehi Car Services

eHi Car Services Limited, formerly Prudent Choice International Limited, is a holding company. The Company is engaged in car rentals and car services. The Company provides self-drive car rental services to both individual customers, as well as corporate and institutional clients to meet travel, leisure, business and ground transportation needs.

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