How Analysts Rated Bitauto Holdings Limited (NYSE:BITA) Last Week?

Bitauto Holdings Limited (NYSE:BITA) Ratings Coverage

Among 2 analysts covering Bitauto Holdings (NYSE:BITA), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Bitauto Holdings had 2 analyst reports since August 23, 2018 according to SRatingsIntel. The company was downgraded on Thursday, November 29 by Credit Suisse. The firm earned “Neutral” rating on Thursday, August 23 by Macquarie Research. Below is a list of Bitauto Holdings Limited (NYSE:BITA) latest ratings and price target changes.

29/11/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Neutral Downgrade
23/08/2018 Broker: Macquarie Research Old Rating: Neutral New Rating: Neutral Old Target: $29 New Target: $23 Maintain

The stock decreased 2.96% or $0.59 during the last trading session, reaching $19.31. About 773,151 shares traded. Bitauto Holdings Limited (NYSE:BITA) has declined 38.86% since January 14, 2018 and is downtrending. It has underperformed by 38.86% the S&P500.

Bitauto Holdings Limited provides Internet content and marketing, and transaction services for the automotive industry in the PeopleÂ’s Republic of China. The company has market cap of $1.38 billion. The firm operates in three divisions: Advertising and Subscription Business, Transaction Services Business, and Digital Marketing Solutions Business. It currently has negative earnings. The Advertising and Subscription Business segment provides advertising services, including new automobile pricing and promotional information, specifications, reviews, and consumer feedback to automakers through its bitauto.com and taoche.com Websites, as well as mobile applications.

Bitauto Holdings Limited (NYSE:BITA) Ratings Chart

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