Shares of Li Auto Inc. Sponsored ADR (NASDAQ:LI - Get Free Report) have been assigned a consensus rating of "Reduce" from the fourteen ratings firms that are currently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $26.2625.
LI has been the subject of a number of analyst reports. Cfra Research raised shares of Li Auto from a "strong sell" rating to a "hold" rating in a research note on Tuesday, June 10th. Daiwa America raised shares of Li Auto to a "strong-buy" rating in a research note on Wednesday, September 3rd. Dbs Bank lowered shares of Li Auto from a "moderate buy" rating to a "hold" rating in a research note on Friday, August 29th. BNP Paribas Exane initiated coverage on shares of Li Auto in a research note on Monday, August 18th. They set an "underperform" rating and a $18.00 target price for the company. Finally, Zacks Research cut Li Auto from a "hold" rating to a "strong sell" rating in a research note on Tuesday, August 19th.
Get Our Latest Report on LI
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Virtu Financial LLC bought a new position in shares of Li Auto in the first quarter worth $296,000. American Century Companies Inc. grew its stake in shares of Li Auto by 14.4% in the first quarter. American Century Companies Inc. now owns 1,150,819 shares of the company's stock worth $29,001,000 after purchasing an additional 145,295 shares in the last quarter. Kestra Private Wealth Services LLC bought a new position in shares of Li Auto in the first quarter worth $226,000. Hsbc Holdings PLC grew its stake in shares of Li Auto by 339.6% in the first quarter. Hsbc Holdings PLC now owns 287,291 shares of the company's stock worth $7,223,000 after purchasing an additional 221,939 shares in the last quarter. Finally, Ariose Capital Management Ltd bought a new position in shares of Li Auto in the first quarter worth $5,395,000. Institutional investors own 9.88% of the company's stock.
Li Auto Price Performance
Shares of NASDAQ LI opened at $23.65 on Monday. Li Auto has a 1-year low of $18.11 and a 1-year high of $33.12. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.73 and a quick ratio of 1.57. The business's fifty day moving average price is $26.11 and its two-hundred day moving average price is $26.49. The firm has a market capitalization of $24.76 billion, a PE ratio of 22.52 and a beta of 0.97.
About Li Auto
(
Get Free Report)
Li Auto Inc operates in the energy vehicle market in the People's Republic of China. It designs, develops, manufactures, and sells premium smart electric vehicles. The company's product line comprises MPVs and sport utility vehicles. It offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment.
Further Reading
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