Stocks Li Auto: Wall Street Highest Price Target $52

Stocks Li Auto Wall Street Highest Price Target $52
Posted by:Alex Belov Posted on:Jun 8,2022

Li Auto Inc. is a Chinese electric vehicle manufacturer, the company designs, develops and markets intelligent electric SUVs. The first model is the Li ONE, a large six-seater premium electric SUV. Li Auto started mass production in Q4 2019. In 2020, the company sold over 33,500 vehicles. In addition to the Li ONE model, the company will expand its product line with new vehicles – BEV and EREV. Cars are produced at our own plant in Changzhou with a capacity of up to 100,000 cars per year.

Analysts at UBS have set their highest target price at $52. Possible upside potential is 74.97%.

The main growth drivers for Li Auto stock:

  • – High sales figures. In May, the volume of deliveries increased three times compared to the previous month.
  • – Growth in demand for Li Auto cars is expected.

Forecasts, Upside Potential for Li Auto (NASDAQ:LI) in the Next 12 Months

Stock Consensus Rating = "Buy"
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Alex Belov

Developers by Analyst, investor

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