In a report released today, Vincent Yu from Needham maintained a Buy rating on Ehang Holdings Ltd (EH), with a price target of $14.00. The company’s shares closed last Friday at $11.86.
According to TipRanks.com, Yu is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -18.6% and a 30.0% success rate. Yu covers the Technology sector, focusing on stocks such as China Online Education Group, So-Young International, and 36Kr Holdings Inc.
Currently, the analyst consensus on Ehang Holdings Ltd is a Moderate Buy with an average price target of $14.00.
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The company has a one-year high of $16.24 and a one-year low of $7.84. Currently, Ehang Holdings Ltd has an average volume of 39.41K.
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EHang Holdings Ltd. operates as an autonomous aerial vehicle technology platform company. It engages in designing, developing, manufacturing, selling and operating AAVs and their supporting systems and infrastructure for a broad range of industries and applications, including passenger transportation, logistics, smart city management and aerial media solutions. The company was founded by Huazhi Hu and Yifang Derrick Xiong in December 2014 and is headquartered in Guangzhou, China.
