Is Li Auto (LI) a Buy as Wall Street Analysts Look Optimistic? [Yahoo! Finance]
Li Auto Inc. - American Depositary Shares (LI)
Company Research
Source: Yahoo! Finance
Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Li Auto Inc. Sponsored ADR (LI). Li Auto currently has an average brokerage recommendation (ABR) of 1.68, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 14 brokerage firms. An ABR of 1.68 approximates between Strong Buy and Buy. Of the 14 recommendations that derive the current ABR, eight are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 57.1% and 14.3% of all recommendations. Check price target & stock forecast for Li Auto here While the ABR calls for buying Li Auto, it may not be wise to make an investment decision solely based on this information. Severa
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News
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LI
Sec Filings
- 11/13/24 - Form 144
- 11/6/24 - Form 6-K
- 11/1/24 - Form 6-K
- LI's page on the SEC website