Daiwa Capital Markets upgraded XPeng (NYSE:XPEV) to a buy rating with a target price of $11.
Daiwa Capital Markets upgraded XPeng (NYSE: XPEV), a Chinese electric vehicle maker, to a buy rating with a target price of $11, despite mixed analyst ratings and a negative return on equity of 28.16% in Q1 2021. The company has a market cap of $7.72bn, a P/E ratio of -5.54, and a beta of 2.84. XPeng's stock sees varied analyst perspectives, with an average rating of Hold and a consensus price target of $16.89.
May 27, 2024
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