JP Morgan lifts WeRide Inc. ADR [WRD] price estimate. Who else is bullish?

WeRide Inc. ADR [NASDAQ: WRD] loss -5.39% or -0.44 points to close at $7.72 with a heavy trading volume of 8166210 shares.

The daily chart for WRD points out that the company has recorded -51.87% loss over the past six months.

If we look at the average trading volume of 12.26M shares, WRD reached to a volume of 8166210 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about WeRide Inc. ADR [WRD]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WRD shares is $17.02 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WRD 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.

JP Morgan have made an estimate for WeRide Inc. ADR shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on January 24, 2025. While these analysts kept the previous recommendation, Morgan Stanley raised their target price to Overweight. The new note on the price target was released on November 19, 2024, representing the official price target for WeRide Inc. ADR stock.

The Average True Range (ATR) for WeRide Inc. ADR is set at 0.89, with the Price to Sales ratio for WRD stock in the period of the last 12 months amounting to 40.95. The Price to Book ratio for the last quarter was 2.20, with the Price to Cash per share for the same quarter was set at 3.18.

Trading performance analysis for WRD stock

WeRide Inc. ADR [WRD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -13.45. With this latest performance, WRD shares dropped by -11.62% in over the last four-week period, additionally sinking by -51.87% over the last 6 months.

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WeRide Inc. ADR [WRD]: A deeper dive into fundamental analysis

WeRide Inc. ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 13.10 and a Current Ratio set at 13.60.

An analysis of Institutional ownership at WeRide Inc. ADR [WRD]

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