Autohome (NYSE:ATHM) : Zacks Investment Research ranks Autohome (NYSE:ATHM) as 4, which is a Sell recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. The average broker rating of 3 research analysts is 2.17, which indicates as a Buy.
Autohome (NYSE:ATHM) stock is expected to deviate a maximum of $0.71 from the average target price of $32.5 for the short term period. 2 Street Experts have initiated coverage on the stock with the most promising target being $33 and the most muted being $32.
Company shares have received an average consensus rating of Hold for the current week Also, Brean Capital initiates coverage on Autohome (NYSE:ATHM) . The global brokerage major announces a current price target of $31 per share. Analysts at the Brean Capital have a current rating of Buy on the shares. The rating by the firm was issued on June 6, 2016.
Autohome (NYSE:ATHM): On Tuesdays trading session , Opening price of the stock was $21.8 with an intraday high of $22.08. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $20.83. However, the stock managed to close at $20.95, a loss of 3.90% for the day. On the previous day, the stock had closed at $21.8. The total traded volume of the day was 1,154,598 shares.
Autohome Inc., is an online destination for automobile consumers in China. The Company provides online advertising and dealer subscription services through its Websites and mobile applications. These services are offered to automakers and dealers, and advertising agencies. Its Websites include autohome.com.cn and che168.com. Its logo (Autohome) brand is the searched automotive-related keyword on Baidu.com, the Chinese language Internet search engine. The content it provides to its users includes professionally produced content serves consumers throughout the automobile ownership life cycle; user generated content is the online community of automotive consumers in China; automobile library is the online automobile library in China with vehicle model configurations and photos, and automobile listing information features up-to-date listings of both new and used automobiles on its Websites. The Company provides its advertisers with a range of advertising solutions and tools.