Li Auto Inc. Sponsored ADR (NASDAQ:LI) Receives Consensus Rating of “Hold” from Analysts

Li Auto Inc. Sponsored ADR (NASDAQ:LI) has earned a consensus recommendation of “Hold” from the twenty analysts that are currently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a sell recommendation, thirteen have assigned a hold recommendation, one has assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $21.7545.

Several brokerages recently weighed in on LI. Citigroup reduced their price target on shares of Li Auto from $25.60 to $20.20 and set a “neutral” rating on the stock in a research report on Friday, November 28th. Weiss Ratings restated a “sell (d+)” rating on shares of Li Auto in a report on Monday, December 29th. HSBC restated a “hold” rating and set a $18.60 target price (down from $30.30) on shares of Li Auto in a research report on Wednesday, December 3rd. China Renaissance reiterated a “hold” rating and issued a $18.50 price target on shares of Li Auto in a research report on Monday, December 1st. Finally, Hsbc Global Res cut Li Auto from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 4th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC boosted its stake in shares of Li Auto by 324.2% during the 4th quarter. SG Americas Securities LLC now owns 342,025 shares of the company’s stock worth $5,790,000 after purchasing an additional 261,389 shares during the period. Tuttle Capital Management LLC bought a new stake in Li Auto in the fourth quarter worth about $170,000. Ovata Capital Management Ltd boosted its position in shares of Li Auto by 107.1% during the third quarter. Ovata Capital Management Ltd now owns 29,000 shares of the company’s stock valued at $756,000 after buying an additional 15,000 shares during the period. Tidal Investments LLC grew its stake in shares of Li Auto by 13.6% during the third quarter. Tidal Investments LLC now owns 100,878 shares of the company’s stock valued at $2,556,000 after buying an additional 12,106 shares during the last quarter. Finally, Maxi Investments CY Ltd purchased a new stake in shares of Li Auto in the third quarter worth approximately $16,040,000. Institutional investors own 9.88% of the company’s stock.

Li Auto Trading Down 1.0%

LI stock opened at $16.66 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.80 and a quick ratio of 1.67. The company’s fifty day moving average price is $17.94 and its 200-day moving average price is $22.66. Li Auto has a one year low of $16.11 and a one year high of $33.12.

Li Auto Company Profile

Li Auto Inc is a Chinese automotive company that develops, manufactures and sells smart electric vehicles, with an early focus on range-extended electric SUVs designed for family use. The company is headquartered in China and serves the domestic market through a combination of online channels and a network of retail/showroom locations. Li Auto was founded to address range-anxiety in electric vehicle buyers by integrating a small internal-combustion engine as a range extender alongside a large battery, enabling longer driving range while retaining electric driving characteristics.

The company’s product lineup centers on multi‑occupant SUVs that combine electric propulsion, advanced in‑vehicle connectivity and driver‑assistance features.