J.P. Morgan Remains a Buy on Autohome Inc Class A (8AHA)
J.P. Morgan analyst Alex Yao maintained a Buy rating on Autohome Inc Class A (8AHA – Research Report) yesterday and set a price target of HK$67.00.
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Yao covers the Communication Services sector, focusing on stocks such as AutoHome, Baidu, and Tencent Holdings . According to TipRanks, Yao has an average return of 5.0% and a 47.64% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Autohome Inc Class A with a €8.11 average price target.
Based on Autohome Inc Class A’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €1.78 billion and a net profit of €348.42 million. In comparison, last year the company earned a revenue of €1.91 billion and had a net profit of €471.92 million
