Great Wall Motor Co. Hold Rating Due to Earnings Challenges and Market Pressures
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 27 2024
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Source: Business Insider
Morgan Stanley's Rating on Great Wall Motor: Tim Hsiao maintains a Hold rating on Great Wall Motor Co with a price target of HK$12.20, citing lower-than-expected earnings due to reduced non-operating income and challenges in achieving full-year sales targets amidst geopolitical risks and competition.
Company Overview: Great Wall Motor Co., founded in 1984 and headquartered in Baoding, China, specializes in the design and production of various automobiles, including SUVs and pickups, under brands like HAVAL and WEY.
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.
