This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.
NIO Inc. Class A (9866) was upgraded to a Hold Rating at CMB International Securities
NIO Inc. Class A received a Hold rating and a HK$47.00 price target from CMB International Securities analyst on March 11. The company’s shares closed yesterday at HK$43.50.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NIO Inc. Class A with a HK$55.16 average price target.
Based on NIO Inc. Class A’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of HK$19.01 billion and a GAAP net loss of HK$5.14 billion. In comparison, last year the company earned a revenue of HK$17.45 billion and had a GAAP net loss of HK$5.13 billion
Read More on HK:9866:
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
