ZEEKR Intelligent Technology (NYSE:ZK) Coverage Initiated at Citigroup

Citigroup assumed coverage on shares of ZEEKR Intelligent Technology (NYSE:ZK) in a research note issued to investors on Monday morning, Marketbeat reports. The brokerage issued a buy rating and a $32.40 target price on the stock.

Several other brokerages have also issued reports on ZK. The Goldman Sachs Group assumed coverage on ZEEKR Intelligent Technology in a research note on Tuesday, June 4th. They issued a buy rating and a $34.00 price target on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on ZEEKR Intelligent Technology in a research note on Thursday, June 6th. They issued a buy rating and a $35.00 price target on the stock. Finally, Bank of America boosted their price target on ZEEKR Intelligent Technology from $35.00 to $36.00 and gave the company a buy rating in a research note on Wednesday, June 12th.

ZEEKR Intelligent Technology Trading Down 6.8 %

NYSE:ZK opened at $20.19 on Monday. ZEEKR Intelligent Technology has a 1-year low of $20.04 and a 1-year high of $32.24.

ZEEKR Intelligent Technology (NYSE:ZK) last released its quarterly earnings results on Tuesday, June 11th. The company reported ($1.40) earnings per share for the quarter. The firm had revenue of $2.04 billion during the quarter. As a group, equities analysts forecast that ZEEKR Intelligent Technology will post -1.89 earnings per share for the current year.

ZEEKR Intelligent Technology Company Profile

ZEEKR Intelligent Technology Holding Limited is a battery electric vehicle technology company. Its current product portfolio primarily includes ZEEKR 001, a five-seater, cross-over hatchback; ZEEKR 001 FR, cross-over hatchback; ZEEKR 009, a luxury six-seater MPV; ZEEKR X, a compact SUV and an upscale sedan model.