In a report released on November 11, Jiong Shao from Barclays maintained a Buy rating on BYD Co, with a price target of $22.00. The company’s shares closed yesterday at HK$101.30.
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According to TipRanks, Shao is a 5-star analyst with an average return of 14.3% and a 56.62% success rate. Shao covers the Consumer Cyclical sector, focusing on stocks such as Alibaba, BYD Co, and JD.
In addition to Barclays, BYD Co also received a Buy from Citi’s Jeff Chung in a report issued on November 6. However, on November 11, Piper Sandler initiated coverage with a Hold rating on BYD Co (Other OTC: BYDDF).
BYDDF market cap is currently HK$951.7B and has a P/E ratio of 21.92.
