09-07-2025
- Automotive
- Business Insider
Jefferies Sticks to Its Buy Rating for Geely Automobile Holdings (GELYF)
In a report released today, Xiaoyi Lei from Jefferies maintained a Buy rating on Geely Automobile Holdings, with a price target of HK$22.80. The company's shares closed today at $2.00.
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Lei covers the Consumer Cyclical sector, focusing on stocks such as Geely Automobile Holdings, Li Auto, Inc. Class A, and Zhejiang Leapmotor Technology Co., Ltd. Class H. According to TipRanks, Lei has an average return of 22.0% and a 65.63% success rate on recommended stocks.
Currently, the analyst consensus on Geely Automobile Holdings is a Strong Buy with an average price target of $2.85.
Based on Geely Automobile Holdings' latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $132.89 billion and a net profit of $6.03 billion. In comparison, last year the company earned a revenue of $106.02 billion and had a net profit of $3.74 billion
