Bitauto Holdings Limited (NYSE:BITA) Scheduled to Post Earnings on Tuesday
Bitauto Holdings Limited (NYSE:BITA) is scheduled to release its earnings data before the market opens on Tuesday, August 15th.
Bitauto Holdings Limited (NYSE BITA) traded up 3.10% during trading on Friday, reaching $36.91. 884,996 shares of the company’s stock traded hands. Bitauto Holdings Limited has a one year low of $16.56 and a one year high of $38.57. The stock’s market cap is $2.84 billion. The firm’s 50 day moving average price is $31.04 and its 200-day moving average price is $26.64.
Several brokerages have issued reports on BITA. BidaskClub raised shares of Bitauto Holdings Limited from a “buy” rating to a “strong-buy” rating in a research note on Thursday. ValuEngine raised shares of Bitauto Holdings Limited from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. HSBC Holdings plc reaffirmed a “buy” rating and set a $33.00 price target (up from $27.00) on shares of Bitauto Holdings Limited in a research note on Wednesday, May 17th. Finally, Zacks Investment Research raised shares of Bitauto Holdings Limited from a “sell” rating to a “hold” rating in a research note on Friday, July 14th. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $34.00.
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About Bitauto Holdings Limited
Bitauto Holdings Limited is a provider of Internet content and marketing services for China’s automotive industry. The Company’s bitauto.com and taoche.com Websites provide consumers with information on new and used automobile pricing, and promotional information, specifications, reviews and consumer feedback.
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