Goldman Sachs Group Inc. Initiates Coverage on AUTOHOME INC ADR EACH REPR 1 ORD (ATHM)
Investment analysts at Goldman Sachs Group Inc. initiated coverage on shares of AUTOHOME INC ADR EACH REPR 1 ORD (NASDAQ:ATHM) in a note issued to investors on Monday, TheFlyOnTheWall.com reports. The firm set a “sell” rating and a $28.00 price target on the stock. Goldman Sachs Group Inc.’s target price would indicate a potential downside of 10.91% from the company’s current price.
AUTOHOME INC ADR EACH REPR 1 ORD (NASDAQ:ATHM) traded down 5.45% during mid-day trading on Monday, hitting $31.43. The stock had a trading volume of 1,732,206 shares. AUTOHOME INC ADR EACH REPR 1 ORD has a 1-year low of $26.51 and a 1-year high of $37.88. The stock has a 50-day moving average of $30.85 and a 200-day moving average of $30.85. The company has a market cap of $3.268 billion and a P/E ratio of 56.05.
Separately, analysts at Piper Jaffray initiated coverage on shares of AUTOHOME INC ADR EACH REPR 1 ORD in a research note to investors on Monday. They set a “neutral” rating and a $38.00 price target on the stock.
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