BYD Co (BYDDF) Gets a Buy from Barclays

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Barclays analyst Jiong Shao maintained a Buy rating on BYD Co on September 10 and set a price target of $20.00. The company’s shares closed last Friday at HK$79.55.

According to TipRanks, Shao is a 4-star analyst with an average return of 3.7% and a 41.90% success rate. Shao covers the Consumer Cyclical sector, focusing on stocks such as JD, Alibaba, and Sea.

Currently, the analyst consensus on BYD Co is a Strong Buy with an average price target of $16.53, implying a -79.22% downside from current levels. In a report released on August 31, DBS also maintained a Buy rating on the stock with a HK$150.00 price target.

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