New Vehicle Launch: CHERY AUTO has globally launched the Jetour Zongheng G700, an all-terrain luxury off-road SUV, with prices ranging from RMB329,900 to RMB414,900.
Special Pricing and Features: A limited-time super renewal price starts at RMB304,900, and the vehicle includes Huawei's Qiankun Intelligent Driving ADS4 assistance system.
09973
$30.82+Infinity%1D
Analyst Views on 09973
Wall Street analysts forecast 09973 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 09973 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast 09973 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 09973 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 31.300
Low
Averages
High
Current: 31.300
Low
Averages
High
CICC
Outperform
initiated
$42
2025-12-03
Reason
CICC
Price Target
$42
2025-12-03
initiated
Outperform
Reason
CICC has issued an Outperform rating for CHERY AUTO due to several key factors:
1. Leading Position: CHERY AUTO is recognized as a leading independent car maker in China, which positions it favorably in the competitive automotive market.
2. Export Growth: The company is experiencing accelerated development in exports, which is expected to contribute significantly to its sales and profit growth.
3. New Energy Transformation: CHERY AUTO is committed to multi-power type development and has a multi-brand layout, aligning with the industry's shift towards new energy vehicles (NEVs).
4. Sales Volume: The broker anticipates that CHERY AUTO will rank among the industry leaders in total sales volume in 2024.
5. Future Model Launches: CICC expects the company to launch several new models in 2026, which could further enhance its growth potential and capitalize on its latecomer advantage in the NEV market.
Overall, these factors contribute to a positive outlook for CHERY AUTO, justifying the Outperform rating and the target price of HKD42.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
