<div id="readability-page-1"><p>In a report released yesterday,  from Bank of China maintained a Buy rating on Xiaomi, with a price target of <span id="expert-recommendation-target">HK$56.21</span>. The company’s shares closed yesterday at HK$40.90.</p><h3>Claim 50% Off TipRanks Premium and Invest with Confidence </h3><ul><li>Unlock  hedge-fund level data  and  powerful investing tools  designed to help you make smarter, sharper decisions  </li><li> Stay ahead of the market with  the latest news and analysis  so your portfolio is always positioned for maximum potential</li></ul>  <p>Xiaomi has an analyst consensus of Strong Buy, with a price target consensus of $7.05, representing a -82.76% downside. In a report released on December 5, Morgan Stanley also maintained a Buy rating on the stock with a HK$62.00 price target.</p></div>

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<p>Bank of China maintained a Buy rating on Xiaomi with a price target of HK$56.21. Xiaomi's shares closed at HK$40.90. The analyst consensus is Strong Buy with a price target of $7.05. Morgan Stanley also maintained a Buy rating with a HK$62.00 price target.</p>

- The Bank of China has maintained a Buy rating on Xiaomi, setting a price target of HK$56.21.  
- Xiaomi's shares closed at HK$40.90, and the analyst consensus is a Strong Buy with a price target consensus of $7.05, which indicates an -82.76% downside.  
- Morgan Stanley also reaffirmed a Buy rating on Xiaomi with a price target of HK$62.00 in a report from December 5.

Xiaomi (XIACF): New Buy Recommendation for This Technology Giant