Barclays Initiates Leju Holdings With Overweight

Analysts at Barclays initiated coverage on Leju Holdings Ltd (ADR) LEJU with a Overweight rating. The target price for Leju Holdings is set to $11.50. Leju Holdings shares have dropped 14.65 percent over the past 52 weeks, while the S&P 500 index has gained 7.51 percent in the same period. Leju Holdings shares closed at $8.64 yesterday.