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Added to YB: 2025-03-20

Pitch date: 2025-03-18

GDS [bullish]

GDS Holdings Limited

+18.92%

current return

Author Info

No bio for this author

Company Info

GDS Holdings Limited, together with its subsidiaries, develops and operates data centers in the People's Republic of China.

Market Cap

$42.2B

Pitch Price

$29.92

Price Target

45.00 (+24%)

Dividend

N/A

EV/EBITDA

15.03

P/E

141.15

EV/Sales

7.14

Sector

IT Services

Category

N/A

Show full summary:
Jefferies Upgrades GDS Holdings to ‘Buy’ with $45 Target

GDS (upgrade): Jefferies upgrades to Buy, $45 PT. 30% correction overdone; equity raise concerns likely excessive. China strategy remains de-leveraging, no big capex hike expected. GDSI may raise $3.4bn debt for capex. GDSH raised Rmb1.2bn in pre-REIT deal, indicating fundraising mainly at GDSI level.

Read full article (1 min)