Stock Ratings
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CMB International initiates coverage on Xpeng with Buy rating and HK$196 price target
CMB International initiated coverage of Xpeng Motors on Monday, giving its Hong Kong-listed stock a HK$196 ($25.2) price target and a buy rating.
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Analysts raise Nio price target ahead of July delivery data release
CMB International raised its price target for Nio by 13.6 percent to $52.6 per ADS, maintaining a buy rating. Nio closed up 4.83 percent to $44.68 on Friday and the price target implies an upside of about 18 percent.
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2022 might be winning year for Xpeng – and the stock is finally fairly priced now
This article presents a forecast of Xpeng's EV sales in 2022 and evaluates its stock by analyzing each model of Xpeng and using the valuation multiples.
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CICC initiates coverage on Xpeng with Outperform rating and $46 price target
CICC said its target price implies 33 percent upside for Xpeng's US shares and 29 percent upside for its Hong Kong shares.
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Deutsche Bank raises Xpeng price target to $50, citing EV sentiment re-rate potential
In a research note sent to investors on Monday, Deutsche Bank's Edison Yu's team raised its price target on Xpeng by $7 to $50, saying it is based on 7.5x 2022E sales, after previously valuing Xpeng at 7.0x 2022E sales.
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SPDB International initiates coverage on Xpeng with Buy rating and HK$187.6 price target
Xpeng's car sales have a price-to-sales ratio close to other new car makers, but its software services could be given a higher price-to-sales ratio thanks to its push in autonomous driving and software monetization, according to the report.
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Citi gives Xpeng's H shares Buy rating and HK$207.5 price target
Xpeng closed down 3.21 percent to HK$151 in Hong Kong on Wednesday, more than 8 percent below its offering price of HK$165. Citi's target price implies a 37 percent upside.
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Citi raises BYD price target, says its P/S ratio should reach Nio's level
Nio has a P/S ratio of 22 times, while the figure for BYD is 3 times.
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Citi says Xpeng's inclusion in Hang Seng indexes could be positive catalyst
The move is expected to boost liquidity for Xpeng stock and increase the likelihood it will be included in the Hong Kong-Mainland Stock Connect as early as the fourth quarter, Citi said.
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CICC raises Nio price target by 11% to $69
Nio's established advantages are likely to expand in a non-linear and accelerated manner driven by user growth and autonomous driving, said CICC.
