Lotus Technology (NASDAQ:LOT) Coverage Initiated at Deutsche Bank Aktiengesellschaft

Stock analysts at Deutsche Bank Aktiengesellschaft assumed coverage on shares of Lotus Technology (NASDAQ:LOTGet Free Report) in a report released on Monday, Benzinga reports. The firm set a “hold” rating and a $7.00 price target on the stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential upside of 19.97% from the company’s previous close.

Lotus Technology Trading Down 0.8 %

Lotus Technology stock opened at $5.84 on Monday. The stock has a market capitalization of $168.92 million, a PE ratio of -12.16 and a beta of -0.16. Lotus Technology has a 12 month low of $5.50 and a 12 month high of $17.99.

Lotus Technology (NASDAQ:LOTGet Free Report) last released its quarterly earnings data on Monday, April 8th. The company reported ($0.49) EPS for the quarter. The firm had revenue of $361.07 million during the quarter.

About Lotus Technology

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Lotus Technology Inc engagers in the design, development, and sale of sports luxury lifestyle battery electric vehicles. It offers electric sports car models, including Eletre and Emeya. The company is based in Shanghai, China.

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