Autohome (ATHM) Receiving Somewhat Favorable News Coverage, Analysis Shows
News articles about Autohome (NYSE:ATHM) have trended somewhat positive on Tuesday, according to Accern. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Autohome earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the information services provider an impact score of 46.6601526156484 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
ATHM has been the topic of several research reports. Citigroup initiated coverage on shares of Autohome in a report on Tuesday, January 2nd. They issued a “buy” rating and a $83.00 target price on the stock. Zacks Investment Research cut shares of Autohome from a “buy” rating to a “hold” rating in a report on Tuesday, December 12th. BidaskClub cut shares of Autohome from a “buy” rating to a “hold” rating in a report on Friday, October 27th. Benchmark raised their target price on shares of Autohome from $65.00 to $76.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th. Finally, Deutsche Bank raised their target price on shares of Autohome from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $68.97.
Shares of Autohome (NYSE:ATHM) traded up $2.40 during mid-day trading on Tuesday, reaching $80.73. 773,995 shares of the company traded hands, compared to its average volume of 857,736. Autohome has a 52 week low of $28.63 and a 52 week high of $86.86. The stock has a market capitalization of $9,310.00, a PE ratio of 34.95 and a beta of 2.28.
Autohome Inc is an online destination for automobile consumers in China. The Company 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.
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