Autohome (ATHM) Trading 5.3% Higher
Shares of Autohome Inc (NYSE:ATHM) traded up 5.3% during trading on Monday . The company traded as high as $78.88 and last traded at $78.33. 956,709 shares were traded during trading, an increase of 9% from the average session volume of 878,859 shares. The stock had previously closed at $74.38.
A number of analysts recently commented on the company. Zacks Investment Research lowered Autohome from a “buy” rating to a “hold” rating in a research note on Monday. Citigroup assumed coverage on Autohome in a research note on Tuesday, January 2nd. They set a “buy” rating and a $83.00 price objective on the stock. Benchmark increased their price objective on Autohome from $65.00 to $76.00 and gave the company a “buy” rating in a research note on Wednesday, November 8th. Deutsche Bank increased their price objective on Autohome from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, November 7th. Finally, BidaskClub raised Autohome from a “hold” rating to a “buy” rating in a research note on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $68.97.
The firm has a market capitalization of $9,310.00, a P/E ratio of 35.10 and a beta of 2.28.
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Autohome Company Profile
Autohome Inc is an online destination for automobile consumers in China. The Company is engaged in the provision of online advertising and dealer subscription services in the People’s Republic of China (PRC). The Company, through its Websites, autohome.com.cn and che168.com, and mobile applications, delivers content to automobile buyers and owners.
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