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VNET Inc Recommendation mean

What is the Recommendation mean of VNET Inc?

The Recommendation mean of VNET Group Inc is 1.08

What is the definition of Recommendation mean?

Recommendation mean is the mean of analysts’ ratings of the stock ranging from 1.0 (strong buy) to 5.0 (strong sell).

Mean of recommendations is an average of ratings from different analysts but it should still be used with other research and investment metrics in order to make investment decisions. It is important to understand a firm's entire scale when assimilating ratings. Additionally, analyst recommendations on stocks owned by firms employing them may be seen as potentially biased.

Financial analysts are often employed by mutual and pension funds, hedge funds, securities firms, banks, investment banks, insurance companies, and other businesses, helping these companies or their clients make investment decisions. Financial analysts employed in commercial lending perform "balance sheet analysis," examining the audited financial statements and corollary data in order to assess lending risks. In a stock brokerage house or in an investment bank, they read company financial statements and analyze commodity prices, sales, costs, expenses, and tax rates in order to determine a company's value and project future earnings. In any of these various institutions, the analyst often meets with company officials to gain a better insight into a company's prospects and to determine the company's managerial effectiveness.

Usually, financial analysts study an entire industry, assessing current trends in business practices, products, and industry competition. They must keep abreast of new regulations or policies that may affect the industry, as well as monitor the economy to determine its effect on earnings.

Recommendation mean of companies in the Technology sector on NASDAQ compared to VNET Inc

What does VNET Inc do?

21vianet group, inc. is a leading carrier-neutral internet data center services provider in china. 21vianet provides hosting and related services, managed network services, cloud services, content delivery network services, last-mile wired broadband services and business vpn services, improving the reliability, security and speed of its customers’ internet infrastructure. customers may locate their servers and networking equipment in 21vianet’s data centers and connect to china’s internet backbone through 21vianet’s extensive fiber optic network. in addition, 21vianet’s proprietary smart routing technology enables customers’ data to be delivered across the internet in a faster and more reliable manner. 21vianet operates in more than 30 cities throughout china, servicing a diversified and loyal base of more than 2,000 hosting enterprise customers that span numerous industries ranging from internet companies to government entities and blue-chip enterprises to small- to mid-sized enterpri

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