51job, Inc. (JOBS) Given Average Recommendation of “Hold” by Brokerages

51job, Inc. (NASDAQ:JOBS) has earned an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating. 51job’s rating score has declined by 200% in the last 90 days as a result of a number of analysts’ ratings changes.

Zacks has also assigned 51job an industry rank of 104 out of 255 based on the ratings given to related companies.

A number of research firms have weighed in on JOBS. BidaskClub raised shares of 51job from a “hold” rating to a “buy” rating in a research note on Wednesday. Macquarie downgraded shares of 51job from an “outperform” rating to a “neutral” rating in a research note on Friday, March 1st.

Several institutional investors have recently added to or reduced their stakes in JOBS. Massachusetts Financial Services Co. MA increased its position in shares of 51job by 228.2% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,701,637 shares of the company’s stock worth $106,251,000 after acquiring an additional 1,183,103 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of 51job by 81.5% in the third quarter. JPMorgan Chase & Co. now owns 2,347,471 shares of the company’s stock worth $180,732,000 after acquiring an additional 1,054,192 shares in the last quarter. Nordea Investment Management AB acquired a new stake in shares of 51job in the third quarter worth $28,294,000. Norges Bank acquired a new stake in shares of 51job in the fourth quarter worth $17,209,000. Finally, Commonwealth Bank of Australia increased its position in shares of 51job by 42.8% in the fourth quarter. Commonwealth Bank of Australia now owns 849,568 shares of the company’s stock worth $53,043,000 after acquiring an additional 254,825 shares in the last quarter. 43.35% of the stock is owned by institutional investors.

Shares of JOBS traded down $1.54 on Friday, hitting $84.89. 9,200 shares of the stock traded hands, compared to its average volume of 257,514. The company has a market capitalization of $5.18 billion, a price-to-earnings ratio of 29.99 and a beta of 1.23. 51job has a 1 year low of $52.15 and a 1 year high of $114.63.

About 51job

51job, Inc, through its subsidiaries, provides integrated human resource services in the People's Republic of China. The company offers recruitment advertising services, including online recruitment services through its Websites comprising 51job.com, yingjiesheng.com, 51jingying.com, and lagou.com; and mobile applications that enable job seekers to access their accounts through mobile devices and utilize functions available on their Websites.

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