Bitauto (NYSE:BITA) will release its earnings data before the market opens on Thursday, March 15th.
Shares of Bitauto (BITA) opened at $30.93 on Wednesday. The stock has a market capitalization of $2,205.57, a PE ratio of -13.39 and a beta of 2.87. Bitauto has a 52 week low of $23.22 and a 52 week high of $54.42.
A number of research firms have issued reports on BITA. Citigroup began coverage on Bitauto in a research note on Tuesday, January 2nd. They set a “buy” rating and a $40.00 price target for the company. ValuEngine downgraded Bitauto from a “hold” rating to a “sell” rating in a research note on Friday, December 15th. Morgan Stanley assumed coverage on Bitauto in a research note on Wednesday, December 13th. They set an “overweight” rating for the company. Finally, Zacks Investment Research downgraded Bitauto from a “buy” rating to a “hold” rating in a research note on Tuesday, November 28th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $43.00.
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Bitauto Holdings Limited is a provider of Internet content and marketing services for China’s automotive industry. The Company’s bitauto.com and taoche.com Websites provide consumers with information on new and used automobile pricing, and promotional information, specifications, reviews and consumer feedback.
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