XPeng (NYSE:XPEV – Get Rating) was downgraded by investment analysts at Jefferies Financial Group from a “hold” rating to an “underperform” rating in a research note issued on Monday, The Fly reports.
Several other analysts have also issued reports on XPEV. UBS Group raised shares of XPeng from a “neutral” rating to a “buy” rating and lowered their target price for the company from $34.00 to $13.00 in a research note on Thursday, November 17th. Barclays lowered their price objective on shares of XPeng from $22.00 to $8.00 and set an “equal weight” rating for the company in a research note on Friday, October 28th. Citigroup lowered shares of XPeng from a “buy” rating to a “sell” rating in a research note on Friday, October 28th. Finally, Macquarie lowered shares of XPeng from an “outperform” rating to a “neutral” rating and set a $25.00 price objective for the company.
Shares of XPEV opened at $7.07 on Monday. The firm has a market capitalization of $6.05 billion, a P/E ratio of -5.36 and a beta of 2.62. XPeng has a 12-month low of $6.18 and a 12-month high of $56.45. The company has a current ratio of 1.97, a quick ratio of 1.78 and a debt-to-equity ratio of 0.10. The firm has a fifty-day moving average price of $9.36 and a 200-day moving average price of $18.94.