HSBC Remains a Buy on Autohome Inc Class A (8AHA)
In a report released on March 6, from HSBC maintained a Buy rating on Autohome Inc Class A, with a price target of HK$49.73. The company’s shares closed last Friday at HK$35.58.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Autohome Inc Class A with a €4.88 average price target.
Based on Autohome Inc Class A’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of HK$1.78 billion and a net profit of HK$468 million. In comparison, last year the company earned a revenue of HK$1.77 billion and had a net profit of HK$469.93 million
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