Imperial Capital Analyzed Construction Partners (ROAD) with $16 Target; Shorts at 21vianet Group – American Depositary Shares (VNET) Lowered By 9.54%

Imperial Capital issued a “Outperform” rating on Construction Partners (ROAD). The firm has initiated coverage on shares of ROAD in a analysts report issued on 29 June. Imperial Capital’s target indicates upside of 22.70% from the company’s last stock close.

21vianet Group Inc – American Depositary Shares (NASDAQ:VNET) had a decrease of 9.54% in short interest. VNET’s SI was 680,100 shares in June as released by FINRA. Its down 9.54% from 751,800 shares previously. With 333,100 avg volume, 2 days are for 21vianet Group Inc – American Depositary Shares (NASDAQ:VNET)’s short sellers to cover VNET’s short positions. The SI to 21vianet Group Inc – American Depositary Shares’s float is 1.06%. The stock increased 4.47% or $0.38 during the last trading session, reaching $8.88. About 843,737 shares traded or 36.00% up from the average. 21Vianet Group, Inc. (NASDAQ:VNET) has risen 40.71% since June 29, 2017 and is uptrending. It has outperformed by 28.14% the S&P500. Some Historical VNET News: 12/03/2018 – 21Vianet 4Q Loss $4.14/AD; 15/05/2018 – 21Vianet Group, Inc. Announces Addition to the Board of Directors; 12/04/2018 – 21VIANET SAYS CO-CEO STEVE ZHANG TO RESIGN; 15/05/2018 – 21Vianet Group Adds Yao Li to the Board of Directors; 12/04/2018 – 21Vianet: Shiqi Wang to Continue to Serve as CEO; 12/03/2018 21VIANET GROUP INC VNET.O SEES FY 2018 REVENUE RMB 3.25 BLN TO RMB 3.35 BLN; 12/03/2018 – Correct: 21Vianet 4Q Net 18c/ADS; 17/05/2018 – 21Vianet Sees 2Q Rev CNY810M-CNY830M; 12/04/2018 – 21Vianet Group, Inc. Filed Its Annual Report on Form 20-F; 12/04/2018 – 21Vianet Co-CEO Steve Zhang to Resign Due to Personal Reasons on June 30

The stock increased 1.87% or $0.24 during the last trading session, reaching $13.04. About 38,221 shares traded. Construction Partners, Inc. (ROAD) has 0.00% since June 29, 2017 and is . It has underperformed by 12.57% the S&P500. Some Historical ROAD News: 17/05/2018 – Construction Partners Expects Scruggs Company to Contribute Rev of $65M-$75M Over Next 12 Months; 17/05/2018 – CONSTRUCTION PARTNERS INC – THE SCRUGGS COMPANY IS EXPECTED TO CONTRIBUTE REVENUE OF APPROXIMATELY $65 TO $75 MLN OVER NEXT TWELVE MONTHS; 11/05/2018 – EMPYREAN CAPITAL PARTNERS, LP REPORTS 6.4 PCT PASSIVE STAKE IN CONSTRUCTION PARTNERS INC AS OF MAY 4 – SEC FILING; 17/05/2018 – CONSTRUCTION PARTNERS INC – COMPLETED ACQUISITION OF THE SCRUGGS COMPANY FOR $51.1 MLN IN CASH, EXCLUDING CERTAIN WORKING CAPITAL ADJUSTMENTS; 17/05/2018 – CONSTRUCTION PARTNERS ACQUIRES SCRUGGS FOR $51.1M IN CASH; 08/05/2018 Construction Partners, Inc. Announces Closing of Initial Public Offering; 17/05/2018 – Construction Partners Announces Acquisition Of The Scruggs Company, Serving The Georgia Market

Among 4 analysts covering Construction Partners (ROAD), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Construction Partners has $15 highest and $14.5 lowest target. $14.88’s average target is 14.11% above currents $13.04 stock price. Construction Partners had 4 analyst reports since May 29, 2018 according to SRatingsIntel.

More important recent Construction Partners, Inc. (NASDAQ:ROAD) news were published by: Streetinsider.com which released: “Imperial Capital Starts Construction Partners Inc (ROAD) at Outperform” on June 29, 2018, also Benzinga.com published article titled: “Baird Projects ‘Solid Compounding Returns’ From Newly Public Construction Partners”, Globenewswire.com published: “Construction Partners Announces FY2018 Six Month Results” on June 04, 2018. More interesting news about Construction Partners, Inc. (NASDAQ:ROAD) was released by: Benzinga.com and their article: “The Week Ahead: Central Bank Bonanza, AT&T Court Ruling, North Korea Summit” with publication date: June 11, 2018.

21Vianet Group, Inc. provides carrier-neutral Internet data center services to Internet companies, government entities, blue-chip enterprises, and small-to mid-sized enterprises in the PeopleÂ’s Republic of China. The company has market cap of $993.50 million. It offers hosting and related services to house servers and networking equipment in its data centers, and connects them through a data transmission network; and other hosting related value-added services. It currently has negative earnings. The Company’s hosting and related services include managed hosting services that offer data center space to house its customersÂ’ servers and networking equipment, and provide tailored server administration services; and interconnectivity services that enable clients to connect their servers with Internet backbones and other networks through its border gateway protocol network or single-line, dual-line, or multiple-line network.