Xpeng Inc - ADR (XPEV) Price Target Set: Are Analysts Too Bullish On This Electric Vehicle Stock?
XPEV stock is higher by 4.36% as the electric vehicle stock increases $0.63 and outperforms the marketInvestorsObserveris giving Xpeng Inc - ADR (XPEV) an Analyst Rating Rank of 40, meaning XPEV is ranked higher by analysts than 40% of stocks. The average price target for XPEV is $34.837 and analyst’s rate the stock as a Strong Buy.
Why are Analyst Ratings Important?
Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported.InvestorsObservertakes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.
What's Happening With Xpeng Inc - ADR Stock Today?
Xpeng Inc - ADR (XPEV) stock has gained 4.36% while the S&P 500 is down -0.3% as of 9:48 AM on Monday, Sep 19. XPEV is higher by $0.63 from the previous closing price of $14.56 on volume of 738,445 shares. Over the past year the S&P 500 has fallen -11.39% while XPEV is down -58.46%. XPEV lost -$1.23 per share the over the last 12 months.$XPeng Inc.(XPEV)$
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