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

Autohome Inc. (NYSE:ATHM - Get Free Report) has been assigned an average rating of "Moderate Buy" from the six brokerages that are covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $32.00.

Several brokerages recently commented on ATHM. Wall Street Zen upgraded shares of 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 lifted their target price for the stock from $24.00 to $36.00 in a research report on Wednesday, March 12th.

Autohome Price Performance

Shares of ATHM stock traded up $0.68 during trading hours on Friday, reaching $25.87. 452,193 shares of the stock were exchanged, compared to its average volume of 512,403. The business's fifty day moving average is $25.85 and its two-hundred day moving average is $27.26. The firm has a market capitalization of $3.10 billion, a P/E ratio of 13.99 and a beta of 0.02. Autohome has a 12-month low of $21.89 and a 12-month high of $34.70.

Hedge Funds Weigh In On Autohome

Large investors have recently modified their holdings of the business. Strs Ohio acquired a new stake in shares of Autohome in the first quarter valued at about $1,231,000. Amundi boosted its position in shares of Autohome by 8.5% in the first quarter. Amundi now owns 138,861 shares of the information services provider's stock worth $3,794,000 after acquiring an additional 10,890 shares during the last quarter. OLD Mission Capital LLC purchased a new stake in shares of Autohome during the 1st quarter valued at $514,000. SVB Wealth LLC purchased a new position in shares of Autohome in the 1st quarter worth about $57,000. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its holdings in Autohome by 11.4% in the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 13,435 shares of the information services provider's stock valued at $372,000 after buying an additional 1,379 shares during the period. 63.08% of the stock is owned by hedge funds and other institutional investors.

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.