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China Automotive Systems Stock Forecast NASDAQ:CAAS

Price Target and Analyst Ratings

Most Recent Rating

Greenridge Global is very positive about CAAS and gave it a "Hold - Buy" rating on May 14, 2021. The price target was changed from $5.00 to $6.00.

Last 30 Days

Historical Ratings

Date Rating Action Authority Current Price Target Price
2021-05-14 Hold - Buy Upgraded by Greenridge Global $4.19 $5.00 → $6.00
2021-03-31 Sell - Hold Upgraded by Greenridge Global $4.74
2020-12-01 Buy - Sell Downgraded by Greenridge Global $8.68
2020-06-25 Buy Target Raised by Greenridge Global $2.41 $3.00 → $5.00

CAAS Stock Trend

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled.

Given the current short-term trend, the stock is expected to fall -31.47% during the next 3 months and, with a 90% probability hold a price between $2.21 and $2.49 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Data

Date Bottom Mid Top
2021-09-20 $3.19 $3.40 $3.61
2021-09-21 $3.17 $3.37 $3.58
2021-09-22 $3.14 $3.35 $3.55
2021-09-23 $3.12 $3.32 $3.53
2021-09-24 $3.09 $3.29 $3.50
2021-09-27 $3.06 $3.27 $3.47
2021-09-28 $3.04 $3.24 $3.45
2021-09-29 $3.01 $3.22 $3.42
2021-09-30 $2.98 $3.19 $3.39
2021-10-01 $2.96 $3.16 $3.37
2021-10-04 $2.93 $3.14 $3.34
2021-10-05 $2.90 $3.11 $3.32
2021-10-06 $2.88 $3.08 $3.29
2021-10-07 $2.85 $3.06 $3.26
2021-10-08 $2.82 $3.03 $3.24
2021-10-11 $2.80 $3.00 $3.21
2021-10-12 $2.77 $2.98 $3.18
2021-10-13 $2.74 $2.95 $3.16
2021-10-14 $2.72 $2.92 $3.13
2021-10-15 $2.69 $2.90 $3.10
2021-10-18 $2.66 $2.87 $3.08
2021-10-19 $2.64 $2.84 $3.05
2021-10-20 $2.61 $2.82 $3.02
2021-10-21 $2.59 $2.79 $3.00
2021-10-22 $2.56 $2.76 $2.97
2021-10-25 $2.53 $2.74 $2.94
2021-10-26 $2.51 $2.71 $2.92
2021-10-27 $2.48 $2.69 $2.89
2021-10-28 $2.45 $2.66 $2.86
2021-10-29 $2.43 $2.63 $2.84

About China Automotive Systems

China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People’s Republic of China. The company produces rack and pinion power steering gears for cars and light duty vehicles; integral power steering gears for heavy-duty vehicles; power steering parts for light duty vehicles; sensor modules; automobile steering systems and columns; and electric power steering gears. It is also inv... Read more

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