Summary:
- GDS Holdings (GDS, Financial) gains approval for its China REIT's IPO, valued at RMB 1,933 million.
- Analysts set a one-year average target price of $42.16 for GDS Holdings, signaling 46.76% potential upside.
- Despite an "Outperform" recommendation, the GF Value estimates a 44.07% downside risk.
GDS Holdings (GDS) has recently achieved a significant milestone by securing necessary approvals from the China Securities Regulatory Commission and the Shanghai Stock Exchange for its China REIT's initial public offering. This strategic move allows GDS to divest its full equity in a project company with stable data center assets, valued at approximately RMB 1,933 million, to the C-REIT.
Wall Street Analysts Forecast
According to forecasts from 16 analysts, the average one-year price target for GDS Holdings Ltd (GDS, Financial) is estimated at $42.16. Projections range from a high of $53.13 to a low of $34.78, highlighting the stock's potential for significant growth. This average target price represents a 46.76% upside potential from the current trading price of $28.73. For more detailed analysis, visit the GDS Holdings Ltd (GDS) Forecast page.
In terms of recommendations, 18 brokerage firms have collectively rated GDS Holdings Ltd (GDS, Financial) with an average brokerage recommendation of 1.8, meaning the stock is currently classified as "Outperform." This rating uses a scale where 1 represents a Strong Buy and 5 a Sell.
However, there's a note of caution as per GuruFocus estimates. The calculated GF Value for GDS Holdings Ltd in one year's time is $16.07, indicating a potential downside of 44.07% against the current price of $28.73. The GF Value is GuruFocus' proprietary metric, assessing a stock's fair trading value based on historical trading multiples, past business growth, and future performance projections. Investors can explore deeper insights on the GDS Holdings Ltd (GDS, Financial) Summary page.
