D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi (NASDAQ:HEPS) Downgraded by Zacks Investment Research

D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi (NASDAQ:HEPS) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Monday, Zacks.com reports.

According to Zacks, “D-MARKET Electronic Services & Trading provides e-commerce platform. D-MARKET Electronic Services & Trading is based in NEW YORK. “

Several other equities analysts have also weighed in on the company. HSBC started coverage on D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi in a research note on Wednesday, August 4th. They issued a “buy” rating and a $19.00 target price on the stock. The Goldman Sachs Group started coverage on D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi in a research note on Tuesday, July 27th. They issued a “buy” rating and a $25.90 target price on the stock. Morgan Stanley started coverage on D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi in a research note on Tuesday, July 27th. They issued an “equal weight” rating and a $15.00 target price on the stock. Bank of America lowered D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi from a “buy” rating to a “neutral” rating and set a $12.00 target price on the stock. in a research note on Tuesday, August 31st. Finally, JPMorgan Chase & Co. started coverage on D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi in a research note on Tuesday, July 27th. They issued an “overweight” rating and a $16.40 target price on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi presently has an average rating of “Hold” and a consensus price target of $17.66.

Shares of HEPS traded up $0.10 during trading hours on Monday, hitting $6.88. 1,038,005 shares of the stock traded hands, compared to its average volume of 874,600. D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi has a 1-year low of $6.35 and a 1-year high of $15.23. The firm has a fifty day simple moving average of $10.42.

D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi (NASDAQ:HEPS) last issued its quarterly earnings results on Thursday, August 26th. The company reported ($0.35) earnings per share (EPS) for the quarter. The firm had revenue of $537.50 million during the quarter. As a group, equities analysts predict that D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi will post -0.45 EPS for the current fiscal year.

About D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi

D-MARKET Elektronik Hizmetler ve Ticaret Anonim Sirketi operates an e-commerce platform. Its platform comprise Hepsiburada to shop a range of products online; HepsiExpress to order groceries and essentials; HepsiGlobal to discover and purchase products from international merchants online; HepsiPay to use various online payment options; and HepsiFly to purchase airline tickets online.

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