Autohome Inc (ATHM) Given Consensus Rating of “Buy” by Analysts
Autohome Inc (NYSE:ATHM) has been given an average recommendation of “Buy” by the ten research firms that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $68.96.
Several equities analysts recently weighed in on the company. Zacks Investment Research downgraded Autohome from a “buy” rating to a “hold” rating in a research report on Monday. Citigroup started coverage on shares of Autohome in a research note on Tuesday, January 2nd. They set a “buy” rating and a $83.00 price objective for the company. Benchmark increased their price objective 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 raised their target price on shares of Autohome from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday, November 7th. Finally, BidaskClub upgraded shares of Autohome from a “hold” rating to a “buy” rating in a report on Tuesday, November 7th.
Autohome (ATHM) traded up $1.08 during trading on Wednesday, hitting $81.81. 591,964 shares of the company’s stock traded hands, compared to its average volume of 865,438. The firm has a market cap of $9,470.00, a PE ratio of 35.43 and a beta of 2.28. Autohome has a one year low of $28.63 and a one year high of $86.86.
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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