Deutsche Bank Starts 7 Days Group Holdings (SVN) at Buy; Upside Potential

Article Stock Quotes (1) Comments (0)

Deutsche Bank initiates coverage on 7 Days Group Holdings (NYSE: SVN) with a Buy. PT $18.80.

Deutsche analyst says, "As the second-largest player in the industry, SVN should continue to benefit from secular growth in China's economy hotel sector. SVN's strong loyalty programme and a popular online platform have lowered its customer-acquisition cost, while its superior operating efficiency has enabled it to maintain a lower-than-industry cost structure. We believe SVN is undervalued at its current price of US$14.50 (6.5x EV/EBITDA 12E) and represents an attractive entry point for long-term investors."

For an analyst ratings summary and ratings history on 7 Days Group Holdings click here. For more ratings news on 7 Days Group Holdings click here.

Shares of 7 Days Group Holdings closed at $14.56 yesterday, with a 52 week range of $12.02-$25.44.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Topeka Capital Starts Cavium Networks (CAVM) at Hold
• Topeka Capital Starts CEVA Inc. (CEVA) at Buy
• Topeka Capital Upgrades Pacific Sunwear of California (PSUN) to Buy

Create E-mail Alert Related Categories

New Coverage

Related Entities

Deutsche Bank

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?