ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) Receives $32.02 Consensus PT from Analysts

ZEEKR Intelligent Technology Holding Limited (NYSE:ZK - Get Free Report) has earned an average rating of "Buy" from the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a buy rating. The average twelve-month price objective among brokers that have covered the stock in the last year is $32.02.

ZK has been the subject of a number of analyst reports. Bank of America reduced their price target on ZEEKR Intelligent Technology from $30.00 to $26.00 and set a "buy" rating for the company in a report on Thursday, August 22nd. CICC Research initiated coverage on ZEEKR Intelligent Technology in a research note on Friday, October 25th. They set an "outperform" rating and a $31.74 target price for the company. Finally, Macquarie started coverage on ZEEKR Intelligent Technology in a research report on Thursday, October 3rd. They set an "outperform" rating and a $33.00 target price on the stock.

ZEEKR Intelligent Technology Stock Down 1.8 %

ZK stock traded down $0.52 during midday trading on Friday, hitting $27.67. 392,736 shares of the stock traded hands, compared to its average volume of 890,695. The stock's fifty day simple moving average is $24.67 and its 200-day simple moving average is $20.81. ZEEKR Intelligent Technology has a 1-year low of $13.00 and a 1-year high of $32.24.

Institutional Trading of ZEEKR Intelligent Technology

Large investors have recently made changes to their positions in the company. Sandia Investment Management LP purchased a new position in ZEEKR Intelligent Technology in the 2nd quarter worth approximately $94,000. Barclays PLC lifted its holdings in shares of ZEEKR Intelligent Technology by 28.5% in the 3rd quarter. Barclays PLC now owns 9,456 shares of the company's stock worth $211,000 after acquiring an additional 2,097 shares during the last quarter. Green Alpha Advisors LLC acquired a new position in ZEEKR Intelligent Technology in the 3rd quarter valued at about $219,000. Marshall Wace LLP acquired a new position in shares of ZEEKR Intelligent Technology in the second quarter worth $347,000. Finally, WT Asset Management Ltd acquired a new stake in ZEEKR Intelligent Technology in the third quarter valued at approximately $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.