Stock analysts at Deutsche Bank Aktiengesellschaft started coverage on shares of Lotus Technology (NASDAQ:LOT – Get Free Report) in a research report issued on Monday, Benzinga reports. The brokerage set a “hold” rating and a $7.00 price target on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 19.97% from the company’s previous close.
Lotus Technology Stock Down 0.8 %
Shares of NASDAQ:LOT opened at $5.84 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 $168.92 million, a P/E ratio of -12.16 and a beta of -0.16.
Lotus Technology (NASDAQ:LOT – Get Free Report) last announced its earnings results on Monday, April 8th. The company reported ($0.49) earnings per share for the quarter. The company had revenue of $361.07 million during 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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