ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) Receives $32.02 Consensus Target Price from Analysts

ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) has earned an average rating of “Buy” from the six ratings firms that are covering the company, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a buy rating. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $32.02.

A number of analysts have issued reports on ZK shares. CICC Research began coverage on ZEEKR Intelligent Technology in a report on Friday, October 25th. They set an “outperform” rating and a $31.74 price target for the company. Macquarie started coverage on ZEEKR Intelligent Technology in a report on Thursday, October 3rd. They issued an “outperform” rating and a $33.00 price target for the company.

Institutional Trading of ZEEKR Intelligent Technology

Hedge funds and other institutional investors have recently made changes to their positions in the company. Point72 Hong Kong Ltd acquired a new stake in ZEEKR Intelligent Technology during the 2nd quarter worth $31,236,000. Point72 Asset Management L.P. acquired a new stake in shares of ZEEKR Intelligent Technology during the second quarter worth about $20,388,000. Millennium Management LLC purchased a new position in shares of ZEEKR Intelligent Technology during the second quarter worth about $17,478,000. Prudential PLC acquired a new position in ZEEKR Intelligent Technology in the 2nd quarter valued at about $4,194,000. Finally, Polymer Capital Management HK LTD purchased a new stake in ZEEKR Intelligent Technology during the 3rd quarter valued at approximately $3,836,000.

ZEEKR Intelligent Technology Stock Up 0.9 %

ZEEKR Intelligent Technology stock opened at $27.55 on Friday. The company has a fifty day simple moving average of $24.89 and a 200-day simple moving average of $20.91. ZEEKR Intelligent Technology has a 12-month low of $13.00 and a 12-month high of $32.24.

About ZEEKR Intelligent Technology

ZEEKR Intelligent Technology Holding Limited, an investment holding company, engages in the research and development, production, commercialization, and sale of the electric vehicles and batteries. It offers battery electric passenger vehicles (BEVs) and SUVs. The company also produces and sells electric powertrain and battery packs for electric vehicles, such as motors and electric control systems; and provides automotive related research and development services.