Several analysts have recently updated their ratings and price targets for NIO (NYSE: NIO):

  • 4/10/2019 – NIO was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “NIO Inc. is a premium electric vehicle market. The company designs, jointly manufactures and sells smart and connected premium electric vehicles. It offers electric cars under EP9, EVE and ES8 brand names. The company operates primarily in San Jose, California; Munich, Germany and London, United Kingdom. NIO Inc. is based in Shanghai, China. “
  • 4/4/2019 – NIO was upgraded by analysts at Bank of America Corp from an “underperform” rating to a “neutral” rating. They now have a $6.20 price target on the stock, down previously from $6.80.
  • 4/4/2019 – NIO was upgraded by analysts at Citigroup Inc from a “neutral” rating to a “buy” rating. They now have a $6.80 price target on the stock, down previously from $7.20.
  • 3/26/2019 – NIO was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “NIO Inc. is a premium electric vehicle market. The company designs, jointly manufactures and sells smart and connected premium electric vehicles. It offers electric cars under EP9, EVE and ES8 brand names. The company operates primarily in San Jose, California; Munich, Germany and London, United Kingdom. NIO Inc. is based in Shanghai, China. “
  • 3/19/2019 – NIO was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “NIO Inc. is a premium electric vehicle market. The company designs, jointly manufactures and sells smart and connected premium electric vehicles. It offers electric cars under EP9, EVE and ES8 brand names. The company operates primarily in San Jose, California; Munich, Germany and London, United Kingdom. NIO Inc. is based in Shanghai, China. “
  • 3/9/2019 – NIO was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “NIO Inc. is a premium electric vehicle market. The company designs, jointly manufactures and sells smart and connected premium electric vehicles. It offers electric cars under EP9, EVE and ES8 brand names. The company operates primarily in San Jose, California; Munich, Germany and London, United Kingdom. NIO Inc. is based in Shanghai, China. “
  • 3/7/2019 – NIO was given a new $10.00 price target on by analysts at Deutsche Bank AG. They now have a “buy” rating on the stock.
  • 3/7/2019 – NIO is now covered by analysts at Goldman Sachs Group Inc. They set a “buy” rating and a $10.70 price target on the stock.
  • 3/6/2019 – NIO was downgraded by analysts at Bank of America Corp from a “neutral” rating to an “underperform” rating. They now have a $6.80 price target on the stock, down previously from $8.00.
  • 2/28/2019 – NIO was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “NIO Inc. is a premium electric vehicle market. The company designs, jointly manufactures and sells smart and connected premium electric vehicles. It offers electric cars under EP9, EVE and ES8 brand names. The company operates primarily in San Jose, California; Munich, Germany and London, United Kingdom. NIO Inc. is based in Shanghai, China. “
  • 2/21/2019 – NIO was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “NIO Inc. is a premium electric vehicle market. The company designs, jointly manufactures and sells smart and connected premium electric vehicles. It offers electric cars under EP9, EVE and ES8 brand names. The company operates primarily in San Jose, California; Munich, Germany and London, United Kingdom. NIO Inc. is based in Shanghai, China. “
  • 2/15/2019 – NIO was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “NIO Inc. is a premium electric vehicle market. The company designs, jointly manufactures and sells smart and connected premium electric vehicles. It offers electric cars under EP9, EVE and ES8 brand names. The company operates primarily in San Jose, California; Munich, Germany and London, United Kingdom. NIO Inc. is based in Shanghai, China. “

NIO stock opened at $5.05 on Thursday. Nio Inc – has a fifty-two week low of $4.90 and a fifty-two week high of $13.80. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.25 and a current ratio of 1.42. The stock has a market capitalization of $5.21 billion and a price-to-earnings ratio of -0.49.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Enlightenment Research LLC purchased a new position in NIO during the 4th quarter valued at approximately $35,000. Barclays PLC purchased a new position in NIO during the 4th quarter valued at approximately $36,000. LPL Financial LLC purchased a new position in NIO during the 4th quarter valued at approximately $68,000. Arete Wealth Advisors LLC purchased a new position in NIO during the 4th quarter valued at approximately $80,000. Finally, Raymond James & Associates purchased a new position in NIO during the 4th quarter valued at approximately $83,000. Institutional investors and hedge funds own 19.30% of the company’s stock.

NIO Inc designs, manufactures, and sells electric vehicles in the People's Republic of China. The company is also involved in the manufacture of e-powertrain, battery packs, and components; and racing management, technology development, and sales and after-sales management activities. In addition, it offers power solutions for battery charging needs; and other value-added services.

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