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RT Nominal up0.082 +0.017 (+26.154%)

27/02/2024 14:55

{I-bank focus}Goldman gives Li Auto an HKD206 target price

[ET Net News Agency, 27 February 2024] Goldman Sachs gives a target price of HKD206 and
a "buy" rating to Li Auto (02015).
The research house said it expects the competitive positioning of BEV models and
deepening sales network to drive another leg of growth for Li Auto. With continued scale
economics and operating leverage, it expects Li Auto to deliver the fastest earnings
growth with top-tier free cash flow generation among China auto OEM coverage. (RC)

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