Bitauto Holdings Limited (NYSE:BITA) Ratings Coverage
Among 2 analysts covering Bitauto Holdings Limited American Depositary Shares (each representing one ordinary share) (NYSE:BITA), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Bitauto Holdings Limited American Depositary Shares (each representing one ordinary share) has $2000 highest and $1600 lowest target. $18’s average target is 21.13% above currents $14.86 stock price. Bitauto Holdings Limited American Depositary Shares (each representing one ordinary share) had 5 analyst reports since May 31, 2019 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, August 29 by Bank of America. The rating was maintained by Bank of America on Friday, May 31 with “Buy”. JP Morgan maintained Bitauto Holdings Limited (NYSE:BITA) on Friday, June 28 with “Overweight” rating. Below is a list of Bitauto Holdings Limited (NYSE:BITA) latest ratings and price target changes.
14/11/2019 Broker: BidaskScore Rating: Sell Downgrade
02/10/2019 Broker: BidaskScore Rating: Hold Downgrade
29/08/2019 Broker: Bank of America Rating: Buy Old Target: $19.0000 New Target: $16.0000 Maintain
28/06/2019 Broker: JP Morgan Rating: Overweight Old Target: $25.0000 New Target: $20.0000 Maintain
31/05/2019 Broker: Bank of America Rating: Buy Old Target: $20.0000 New Target: $19.0000 Maintain
It closed at $14.86 lastly. It is down 52.42% since November 29, 2018 and is downtrending. It has underperformed by 52.42% the S&P500.
Bitauto Holdings Limited provides Internet content and marketing, and transaction services for the automotive industry in the PeopleÂ’s Republic of China. The company has market cap of $1.04 billion. The firm operates in three divisions: Advertising and Subscription Business, Transaction Services Business, and Digital Marketing Solutions Business. It currently has negative earnings. The Advertising and Subscription Business segment provides advertising services, including new automobile pricing and promotional information, specifications, reviews, and consumer feedback to automakers through its bitauto.com and taoche.com Websites, as well as mobile applications.
More notable recent Bitauto Holdings Limited (NYSE:BITA) news were published by: Finance.Yahoo.com which released: “Hereâ€™s What Hedge Funds Think About Bitauto Hldg Ltd (BITA) – Yahoo Finance” on May 01, 2019, also Finance.Yahoo.com with their article: “Here is What Hedge Funds Think About Celestica Inc. (CLS) – Yahoo Finance” published on October 30, 2019, Fool.com published: “Why Bitauto Holdings Stock Sank 57.7% in the First Half of 2019 – The Motley Fool” on July 12, 2019. More interesting news about Bitauto Holdings Limited (NYSE:BITA) were released by: Finance.Yahoo.com and their article: “Bitauto Holdings Q2 Earnings Preview – Yahoo Finance” published on September 04, 2019 as well as Nasdaq.com‘s news article titled: “Is CRISPR Therapeutics the Best Gene-Editing Stock Right Now? – Nasdaq” with publication date: November 26, 2019.
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