3 days ago
- Automotive
- Business Insider
Li Auto, Inc. Class A (L87) Receives a Buy from DBS
In a report released today, Rachel Miu from DBS maintained a Buy rating on Li Auto, Inc. Class A (L87 – Research Report), with a price target of HK$136.00.
Confident Investing Starts Here:
According to TipRanks, Miu is a 4-star analyst with an average return of 18.0% and a 48.91% success rate. Miu covers the Consumer Cyclical sector, focusing on stocks such as Geely Automobile Holdings, Nexteer Automotive Group, and XPeng, Inc. Class A.
In addition to DBS, Li Auto, Inc. Class A also received a Buy from J.P. Morgan's Nick Lai in a report issued yesterday. However, on May 30, Macquarie maintained a Hold rating on Li Auto, Inc. Class A (Berlin: L87).
Based on Li Auto, Inc. Class A's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €44.27 billion and a net profit of €3.52 billion. In comparison, last year the company earned a revenue of €41.73 billion and had a net profit of €5.66 billion
