Thursday, December 30, 2010

Analyst Actions on Chinese Stocks: FMCN, TRIT, VISN (Dec 30, 2010)

Below are today's Analyst Actions on U.S.-Listed Chinese Stocks . Citigroup
maintained Buy rating and $33 price target on Focus Media Holding Limited
(NASDAQ:FMCN). Analysts have an average price target of $26.75 on the stock.
Eleven of the 14 analysts covering the stock have a Strong Buy or Buy rating on
it. FMCN has traded in a 52-week range of $12.26-$27.27. It has a market cap of
$3.05B and a price-to-earnings ratio of 96.78x. Global Hunter Securities
initiated coverage of Tri-Tech Holding, Inc. (NASDAQ:TRIT) with Buy rating and
$14 price target. Analysts have an average price target of $17.00 on the stock.
Both of the two analysts covering the stock have a Strong Buy or Buy rating on
it. TRIT has traded in a 52-week range of $7.62-$23.80. It has a market cap of
$82.93M and a price-to-earnings ratio of 12.03x. Piper Jaffray maintained
Neutral rating and $5 price target on VisionChina Media Inc (NASDAQ:VISN).
Analysts have an average price target of $4.73 on the stock. Two of the 11
analysts covering the stock have a Strong Buy or Buy rating on it. VISN has
traded in a 52-week range of $2.51-$11.85. It has a market cap of $307.32M.

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