Citigroup Initiates Coverage on ZEEKR Intelligent Technology (NYSE:ZK)

Equities research analysts at Citigroup assumed coverage on shares of ZEEKR Intelligent Technology (NYSE:ZK) in a research report issued to clients and investors on Monday, Marketbeat.com reports. The firm set a “buy” rating and a $32.40 price target on the stock. Citigroup’s price objective indicates a potential upside of 52.76% from the company’s previous close.

A number of other brokerages have also recently commented on ZK. Deutsche Bank Aktiengesellschaft assumed coverage on ZEEKR Intelligent Technology in a research note on Thursday, June 6th. They set a “buy” rating and a $35.00 price objective on the stock. Bank of America boosted their price target on ZEEKR Intelligent Technology from $35.00 to $36.00 and gave the stock a “buy” rating in a research note on Wednesday, June 12th. Finally, The Goldman Sachs Group assumed coverage on ZEEKR Intelligent Technology in a research note on Tuesday, June 4th. They issued a “buy” rating and a $34.00 price target on the stock.

ZEEKR Intelligent Technology Stock Down 0.2 %

Shares of ZK opened at $21.21 on Monday. ZEEKR Intelligent Technology has a 12 month low of $20.04 and a 12 month high of $32.24.

ZEEKR Intelligent Technology (NYSE:ZK) last issued its quarterly earnings data on Tuesday, June 11th. The company reported ($1.40) EPS for the quarter. The business had revenue of $2.04 billion during the quarter. Equities analysts forecast that ZEEKR Intelligent Technology will post -1.89 earnings per share for the current year.

ZEEKR Intelligent Technology Company Profile

ZEEKR Intelligent Technology Holding Limited is a battery electric vehicle technology company. Its current product portfolio primarily includes ZEEKR 001, a five-seater, cross-over hatchback; ZEEKR 001 FR, cross-over hatchback; ZEEKR 009, a luxury six-seater MPV; ZEEKR X, a compact SUV and an upscale sedan model.