Atour Lifestyle Holdings Limited (NASDAQ:ATAT - Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $30.99, but opened at $31.73. Atour Lifestyle shares last traded at $31.72, with a volume of 354,828 shares.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on ATAT shares. UBS Group set a $37.30 price target on Atour Lifestyle and gave the company a "buy" rating in a report on Thursday. The Goldman Sachs Group initiated coverage on shares of Atour Lifestyle in a research note on Monday, December 9th. They set a "buy" rating and a $34.40 target price for the company.
Check Out Our Latest Report on ATAT
Atour Lifestyle Trading Down 4.4 %
The firm has a market capitalization of $3.96 billion, a PE ratio of 24.82, a PEG ratio of 0.59 and a beta of 0.37. The firm's fifty day moving average price is $28.01 and its 200 day moving average price is $26.01.
Institutional Investors Weigh In On Atour Lifestyle
Several hedge funds have recently modified their holdings of ATAT. Loomis Sayles & Co. L P bought a new stake in shares of Atour Lifestyle in the 3rd quarter worth approximately $34,000. Public Employees Retirement System of Ohio acquired a new stake in Atour Lifestyle during the third quarter worth $143,000. Pictet Asset Management Holding SA bought a new stake in Atour Lifestyle in the 4th quarter valued at $155,000. AdvisorShares Investments LLC bought a new position in shares of Atour Lifestyle during the 4th quarter worth about $188,000. Finally, Cornerstone Investment Partners LLC acquired a new stake in shares of Atour Lifestyle during the 4th quarter valued at about $213,000. 17.79% of the stock is owned by institutional investors.
Atour Lifestyle Company Profile
(
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Atour Lifestyle Holdings Limited, through its subsidiaries, develops lifestyle brands around hotel offerings in the People's Republic of China. The company provides hotel management services, including day-to-day management services of the hotels for the franchisees; and sells hotel supplies and other products.
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