Stock analysts at Deutsche Bank Aktiengesellschaft started coverage on shares of Lotus Technology (NASDAQ:LOT – Get Free Report) in a note issued to investors on Monday, Benzinga reports. The brokerage set a “hold” rating and a $7.00 price target on the stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential upside of 23.46% from the company’s current price.
Lotus Technology Stock Performance
NASDAQ LOT opened at $5.67 on Monday. Lotus Technology has a twelve month low of $5.50 and a twelve month high of $17.99. The company has a market cap of $164.15 million, a price-to-earnings ratio of -11.81 and a beta of -0.16.
Lotus Technology (NASDAQ:LOT – Get Free Report) last posted its quarterly earnings data on Monday, April 8th. The company reported ($0.49) earnings per share for the quarter. The business had revenue of $361.07 million for the quarter.
About Lotus Technology
Lotus Technology Inc engagers in the design, development, and sale of sports luxury lifestyle battery electric vehicles. It offers electric sports car models, including Eletre and Emeya. The company is based in Shanghai, China.
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