Autohome Inc (ATHM) Receives $68.96 Average Price Target from Brokerages
Shares of Autohome Inc (NYSE:ATHM) have been assigned an average recommendation of “Buy” from the ten ratings firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $68.96.
A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Autohome from a “buy” rating to a “hold” rating in a report on Monday, February 12th. Citigroup assumed coverage on shares of Autohome in a report on Tuesday, January 2nd. They issued a “buy” rating and a $83.00 price target on the stock. Benchmark increased their price target on shares of Autohome from $65.00 to $76.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th. Deutsche Bank increased their price target on shares of Autohome from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, November 7th. Finally, BidaskClub raised shares of Autohome from a “hold” rating to a “buy” rating in a report on Tuesday, November 7th.
Shares of Autohome (ATHM) traded down $0.12 during trading on Wednesday, hitting $83.90. 747,814 shares of the stock were exchanged, compared to its average volume of 844,972. Autohome has a 52-week low of $28.63 and a 52-week high of $86.86. The stock has a market capitalization of $9,730.00, a P/E ratio of 36.48 and a beta of 2.28.
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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