The stock of Autohome Inc (ADR) (NYSE:ATHM) is a huge mover today! About 246,633 shares traded hands. Autohome Inc (ADR) (NYSE:ATHM) has declined 1.06% since February 29, 2016 and is downtrending. It has underperformed by 13.28% the S&P500.
The move comes after 8 months positive chart setup for the $2.81B company. It was reported on Oct, 3 by Barchart.com. We have $32.20 PT which if reached, will make NYSE:ATHM worth $814.90 million more.
Analysts await Autohome Inc (ADR) (NYSE:ATHM) to report earnings on November, 3.
Autohome Inc (ADR) (NYSE:ATHM) Ratings Coverage
Out of 10 analysts covering Autohome Inc (NYSE:ATHM), 5 rate it a “Buy”, 3 “Sell”, while 2 “Hold”. This means 50% are positive. Autohome Inc has been the topic of 17 analyst reports since August 6, 2015 according to StockzIntelligence Inc. As per Wednesday, August 31, the company rating was initiated by JP Morgan. The rating was downgraded by Credit Suisse to “Underperform” on Tuesday, June 28. Citigroup initiated Autohome Inc (ADR) (NYSE:ATHM) on Thursday, October 29 with “Buy” rating. The stock has “Neutral” rating given by JP Morgan on Tuesday, February 23. Brean Capital initiated Autohome Inc (ADR) (NYSE:ATHM) on Monday, June 6 with “Buy” rating. The firm has “Outperform” rating given on Friday, November 6 by Credit Agricole. Credit Agricole downgraded the shares of ATHM in a report on Monday, February 22 to “Underperform” rating. CLSA reinitiated Autohome Inc (ADR) (NYSE:ATHM) rating on Monday, February 22. CLSA has “Underperform” rating and $27 price target. The firm has “Buy” rating by HSBC given on Wednesday, January 27. The firm earned “Buy” rating on Wednesday, October 7 by UBS.
According to Zacks Investment Research, “Autohome Inc. offers an online destination for automobile consumers primarily in the People’s Republic of China. The company through its Websites, autohome.com.cn and che168.com delivers content to automobile buyers and owners. It also offers advertising services; dealer subscription services; used automobile listings services; automobile dealer subscription services as well as operates automotive aftermarket services platform and real-time feedback on the service providers. Autohome Inc. is based in Beijing, China.”
More recent Autohome Inc (ADR) (NYSE:ATHM) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on December 11, 2013. Also Quotes.Wsj.com published the news titled: “DOW JONES, A NEWS CORP COMPANY” on May 25, 2011. Schaeffersresearch.com‘s news article titled: “Ping An Deal Puts Autohome Inc (ATHM) Bears on Notice” with publication date: April 15, 2016 was also an interesting one.
ATHM Company Profile
Autohome Inc., incorporated on June 23, 2008, is an online destination for automobile clients in China. The Firm 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. These services are offered to automakers and dealers, and advertising agencies that represent automakers and dealers in the automobile industry.
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