Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) Receives $45.30 Average Target Price from Analysts

Shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) have been assigned a consensus recommendation of “Moderate Buy” from the nine ratings firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $45.30.

A number of equities research analysts have issued reports on the company. JPMorgan Chase & Co. assumed coverage on Atour Lifestyle in a research note on Wednesday, November 12th. They issued an “overweight” rating and a $57.00 target price on the stock. CLSA initiated coverage on shares of Atour Lifestyle in a research report on Friday, January 2nd. They issued an “outperform” rating and a $49.00 price objective on the stock. Citigroup upped their target price on shares of Atour Lifestyle from $43.00 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. Zacks Research lowered shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Atour Lifestyle in a research report on Wednesday, January 21st.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in ATAT. JPMorgan Chase & Co. grew its holdings in shares of Atour Lifestyle by 234.2% in the 4th quarter. JPMorgan Chase & Co. now owns 3,428,240 shares of the company’s stock worth $135,073,000 after acquiring an additional 2,402,412 shares during the last quarter. Greenwoods Asset Management Hong Kong Ltd. increased its stake in Atour Lifestyle by 986.9% in the 3rd quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 2,290,136 shares of the company’s stock worth $86,086,000 after purchasing an additional 2,079,436 shares in the last quarter. WFM ASIA BVI Ltd raised its holdings in Atour Lifestyle by 184.4% during the 4th quarter. WFM ASIA BVI Ltd now owns 3,155,425 shares of the company’s stock worth $124,324,000 after buying an additional 2,045,832 shares during the period. SG Americas Securities LLC lifted its stake in Atour Lifestyle by 11,289.7% during the second quarter. SG Americas Securities LLC now owns 1,390,686 shares of the company’s stock valued at $45,211,000 after buying an additional 1,378,476 shares in the last quarter. Finally, Schroder Investment Management Group boosted its holdings in shares of Atour Lifestyle by 64.0% in the fourth quarter. Schroder Investment Management Group now owns 2,717,894 shares of the company’s stock worth $107,085,000 after buying an additional 1,060,966 shares during the period. Institutional investors and hedge funds own 17.79% of the company’s stock.

Atour Lifestyle Price Performance

NASDAQ:ATAT opened at $36.50 on Thursday. The firm has a market capitalization of $5.04 billion, a P/E ratio of 24.83, a P/E/G ratio of 0.75 and a beta of 0.76. The business has a 50 day simple moving average of $38.64 and a 200 day simple moving average of $38.72. Atour Lifestyle has a 12-month low of $21.50 and a 12-month high of $43.17.

Atour Lifestyle Company Profile

Atour Lifestyle Holdings Co, Ltd. operates as a hospitality and lifestyle company offering a range of lodging and accommodation services in China. The company’s core business includes the development, operation and management of boutique hotels and serviced apartments under its Atour Hotel and Ankora brands. These properties cater primarily to the mid- to upscale segment, delivering a blend of comfort, design-focused interiors and localized services tailored to both business and leisure travelers.

In addition to room offerings, Atour Lifestyle provides a suite of ancillary services designed to enhance guest experiences.