why ZEEKR Intelligent Technology Holding Ltd. ADR [ZK] is a Good Choice for Investors After New Price Target of $31.58

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ZEEKR Intelligent Technology Holding Ltd. ADR [NYSE: ZK] price surged by 5.44 percent to reach at $1.34.

The one-year ZK stock forecast points to a potential upside of 17.83. The average equity rating for ZK stock is currently 1.00, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on ZEEKR Intelligent Technology Holding Ltd. ADR [ZK]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ZK shares is $31.58 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ZK stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Citigroup have made an estimate for ZEEKR Intelligent Technology Holding Ltd. ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 24, 2024. While these analysts kept the previous recommendation, Goldman raised their target price to Buy. The new note on the price target was released on June 04, 2024, representing the official price target for ZEEKR Intelligent Technology Holding Ltd. ADR stock. Previously, the target price had yet another raise to $35, while BofA Securities analysts kept a Buy rating on ZK stock.

The Average True Range (ATR) for ZEEKR Intelligent Technology Holding Ltd. ADR is set at 1.81, with the Price to Sales ratio for ZK stock in the period of the last 12 months amounting to 0.71.

ZK Stock Performance Analysis:

ZEEKR Intelligent Technology Holding Ltd. ADR [ZK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 48.54.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ZK stock in for the last two-week period is set at 77.90, with the RSI for the last a single of trading hit 85.46, and the three-weeks RSI is set at 71.45 for ZEEKR Intelligent Technology Holding Ltd. ADR [ZK]. The present Moving Average for the last 50 days of trading for this stock 16.76, while it was recorded at 22.45 for the last single week of trading.

Insight into ZEEKR Intelligent Technology Holding Ltd. ADR Fundamentals:

ZEEKR Intelligent Technology Holding Ltd. ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.56 and a Current Ratio set at 0.67.

ZK Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ZK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for ZEEKR Intelligent Technology Holding Ltd. ADR go to 26.50%.

ZEEKR Intelligent Technology Holding Ltd. ADR [ZK] Institutonal Ownership Details