Do Analysts Agree Wednesday on Li Auto Inc (LI) Stock's Target Price?

Wednesday, January 12, 2022 02:05 PM | InvestorsObserver Analysts

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Wall Street is positive on Li Auto Inc (LI). On average, analysts give Li Auto Inc a Strong Buy rating. The average price target is $43.066, which means analysts expect the stock to add by 40.10% over the next twelve months. That average ranking earns Li Auto Inc an Analyst Rating of 69, which is better than 69% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating LI a Strong Buy today. Find out what this means to you and get the rest of the rankings on LI!
See Full LI Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Li Auto Inc Stock Today?

Li Auto Inc (LI) stock is trading at $30.74 as of 2:00 PM on Wednesday, Jan 12, a rise of $0.93, or 3.1% from the previous closing price of $29.81. The stock has traded between $29.98 and $31.11 so far today. Volume today is 7,987,117 compared to average volume of 9,816,820. Click Here to get the full Stock Report for Li Auto Inc stock.

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