Bank of America Securities Analyst Reiterates Buy Rating on XPeng, Inc. ADR, XPEV
Ming-Hsun Lee analyst at Bank of America Securities reiterates coverage on XPeng, Inc. ADR (XPEV) in the Consumer Goods sector with a Buy rating. TipRanks.com has Lee rated as a 4.6 star analyst with a 30% return on investment and a 41% success rate. Lee has set a price target of $ 40.
TipRanks.com reports that XPeng, Inc. ADR currently has 10 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $42.56. The target pricing ranges from a high forecast of $67.00 down to a low forecast of $30.00. XPeng, Inc. ADR (XPEV)’s last closing price was $20.72 which would put the average price target at 105.41% upside.
In addition, TradingView issued a Strong Sell rating for XPEV over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on XPEV.
Other analysts covering XPEV include:
- Jiong Shao of Barclays issued a Buy rating with the price target of $ 30 on 17 hours ago
- Nick Lai of J.P. Morgan issued a Buy rating with the price target of $ 35 on 17 hours ago
- Yiming Wang of China Renaissance Securities (US) Inc. issued a Buy rating with the price target of $ 55.6 on 1 month ago
- Paul Gong of UBS issued a Hold rating with the price target of $ 34 on 1 month ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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