Shares of Autohome Inc. (NYSE:ATHM) have been assigned an average recommendation of “Hold” from the eight brokerages that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $58.33.

A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Autohome from a “buy” rating to a “hold” rating in a research report on Friday, September 15th. Benchmark Co. upgraded shares of Autohome from a “hold” rating to a “buy” rating and set a $65.00 price target on the stock in a research note on Thursday, August 10th. Deutsche Bank AG upgraded shares of Autohome from a “hold” rating to a “buy” rating and boosted their price target for the stock from $36.00 to $65.00 in a research note on Thursday, August 10th. ValuEngine cut shares of Autohome from a “buy” rating to a “hold” rating in a research note on Thursday, August 10th. Finally, UBS AG cut shares of Autohome from a “neutral” rating to a “sell” rating in a research report on Friday, June 2nd.

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Hedge funds and other institutional investors have recently bought and sold shares of the business. NN Investment Partners Holdings N.V. acquired a new stake in shares of Autohome in the second quarter worth $110,000. Alta Advisers Ltd acquired a new stake in Autohome during the second quarter valued at $114,000. Acadian Asset Management LLC acquired a new stake in Autohome during the first quarter valued at $154,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. acquired a new stake in Autohome during the second quarter valued at $213,000. Finally, RGT Capital Management Ltd. acquired a new stake in Autohome during the first quarter valued at $245,000. 40.13% of the stock is owned by institutional investors and hedge funds.

Autohome (NYSE:ATHM) last posted its earnings results on Wednesday, August 9th. The information services provider reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.14. Autohome had a net margin of 23.17% and a return on equity of 22.64%. The business had revenue of $230.40 million during the quarter, compared to the consensus estimate of $209.49 million. During the same quarter in the previous year, the firm posted $0.51 EPS. The firm’s revenue was up 11.1% on a year-over-year basis.

About Autohome

Autohome Inc is an online destination for automobile consumers in China. The Company is engaged in the provision of online advertising and dealer subscription services in the People’s Republic of China (PRC). The Company, through its Websites, autohome.com.cn and che168.com, and mobile applications, delivers content to automobile buyers and owners.

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