Analysts Set ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) Target Price at $32.02

ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) has received an average recommendation of “Buy” from the six analysts that are currently covering the company, Marketbeat reports. Six investment analysts have rated the stock with a buy recommendation. The average 1 year target price among brokers that have covered the stock in the last year is $32.02.

Several analysts recently weighed in on ZK shares. Macquarie started coverage on ZEEKR Intelligent Technology in a research note on Thursday, October 3rd. They issued an “outperform” rating and a $33.00 price target on the stock. CICC Research started coverage on ZEEKR Intelligent Technology in a research note on Friday, October 25th. They issued an “outperform” rating and a $31.74 price target on the stock.

ZEEKR Intelligent Technology Stock Down 1.7 %

ZK opened at $27.87 on Wednesday. ZEEKR Intelligent Technology has a one year low of $13.00 and a one year high of $32.76. The business has a 50 day simple moving average of $26.30 and a two-hundred day simple moving average of $21.59.

Institutional Investors Weigh In On ZEEKR Intelligent Technology

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Barclays PLC raised its holdings in ZEEKR Intelligent Technology by 28.5% during the third quarter. Barclays PLC now owns 9,456 shares of the company’s stock valued at $211,000 after acquiring an additional 2,097 shares during the period. Y Intercept Hong Kong Ltd bought a new stake in ZEEKR Intelligent Technology during the third quarter valued at about $605,000. Polymer Capital Management HK LTD bought a new stake in ZEEKR Intelligent Technology during the third quarter valued at about $3,836,000. HITE Hedge Asset Management LLC raised its holdings in ZEEKR Intelligent Technology by 52.4% during the third quarter. HITE Hedge Asset Management LLC now owns 48,202 shares of the company’s stock valued at $1,074,000 after acquiring an additional 16,564 shares during the period. Finally, WT Asset Management Ltd purchased a new position in shares of ZEEKR Intelligent Technology during the third quarter valued at about $446,000.

ZEEKR Intelligent Technology Company Profile

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.