Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) Receives $45.30 Consensus Price Target from Analysts

Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) has received a consensus recommendation of “Moderate Buy” from the nine research firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $45.30.

A number of analysts have recently weighed in on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Atour Lifestyle in a research report on Wednesday, January 21st. Zacks Research downgraded shares of Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. Citigroup boosted their target price on shares of Atour Lifestyle from $43.00 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. JPMorgan Chase & Co. assumed coverage on shares of Atour Lifestyle in a research note on Wednesday, November 12th. They issued an “overweight” rating and a $57.00 target price on the stock. Finally, Macquarie Infrastructure lifted their price target on Atour Lifestyle from $39.00 to $44.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 25th.

Atour Lifestyle Stock Performance

Shares of ATAT opened at $39.27 on Thursday. Atour Lifestyle has a 52 week low of $21.50 and a 52 week high of $43.17. The firm’s 50-day simple moving average is $38.96 and its 200 day simple moving average is $38.67. The firm has a market cap of $5.43 billion, a P/E ratio of 26.71, a price-to-earnings-growth ratio of 0.81 and a beta of 0.80.

Institutional Investors Weigh In On Atour Lifestyle

Institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. lifted its stake in Atour Lifestyle by 1.0% during the first quarter. Goldman Sachs Group Inc. now owns 1,437,014 shares of the company’s stock worth $40,739,000 after purchasing an additional 14,453 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of Atour Lifestyle during the second quarter worth $1,069,000. AdvisorShares Investments LLC bought a new position in shares of Atour Lifestyle in the 2nd quarter worth about $120,000. GAM Holding AG lifted its position in shares of Atour Lifestyle by 72.6% in the 2nd quarter. GAM Holding AG now owns 158,800 shares of the company’s stock worth $5,163,000 after buying an additional 66,800 shares during the last quarter. Finally, Savant Capital LLC acquired a new position in shares of Atour Lifestyle in the 2nd quarter valued at about $359,000. 17.79% of the stock is currently owned by institutional investors.

About Atour Lifestyle

Atour Lifestyle Holdings Co, Ltd. operates as a hospitality and lifestyle company offering a range of lodging and accommodation services in China. The company’s core business includes the development, operation and management of boutique hotels and serviced apartments under its Atour Hotel and Ankora brands. These properties cater primarily to the mid- to upscale segment, delivering a blend of comfort, design-focused interiors and localized services tailored to both business and leisure travelers.

In addition to room offerings, Atour Lifestyle provides a suite of ancillary services designed to enhance guest experiences.