Autohome Inc. (NYSE:ATHM) Receives Average Rating of "Moderate Buy" from Analysts

Shares of Autohome Inc. (NYSE:ATHM - Get Free Report) have received a consensus rating of "Moderate Buy" from the six brokerages that are presently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $32.00.

Several brokerages recently weighed in on ATHM. Wall Street Zen upgraded Autohome from a "hold" rating to a "buy" rating in a research note on Tuesday, May 20th. JPMorgan Chase & Co. upgraded Autohome from a "neutral" rating to an "overweight" rating and boosted their target price for the stock from $24.00 to $36.00 in a research note on Wednesday, March 12th.

Institutional Trading of Autohome

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in Autohome by 3.1% during the 4th quarter. JPMorgan Chase & Co. now owns 159,800 shares of the information services provider's stock worth $4,147,000 after acquiring an additional 4,812 shares during the period. Vontobel Holding Ltd. lifted its position in Autohome by 27.4% during the 4th quarter. Vontobel Holding Ltd. now owns 8,564 shares of the information services provider's stock worth $222,000 after acquiring an additional 1,841 shares during the period. Quantinno Capital Management LP acquired a new stake in Autohome during the 4th quarter worth about $257,000. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in Autohome by 15.1% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 108,173 shares of the information services provider's stock worth $2,807,000 after acquiring an additional 14,200 shares during the period. Finally, Northern Trust Corp lifted its position in Autohome by 86.5% during the 4th quarter. Northern Trust Corp now owns 347,500 shares of the information services provider's stock worth $9,018,000 after acquiring an additional 161,210 shares during the period. Institutional investors and hedge funds own 63.08% of the company's stock.

Autohome Trading Up 1.6%

Shares of NYSE:ATHM traded up $0.42 on Friday, reaching $26.26. The company had a trading volume of 161,264 shares, compared to its average volume of 511,607. Autohome has a 52-week low of $21.89 and a 52-week high of $34.70. The firm's 50 day simple moving average is $25.82 and its 200-day simple moving average is $27.23. The firm has a market capitalization of $3.15 billion, a PE ratio of 14.19 and a beta of 0.02.

About Autohome

Autohome Inc operates as an online destination for automobile consumers in the People's Republic of China. The company delivers interactive content and tools to automobile consumers through its three websites, autohome.com.cn, che168.com, and ttpai.cn on PCs, mobile devices, mobile applications, and mini apps.