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Bitauto Hldg Ltd (ADR) (BITA) [hlAlert]

Rating:
Hold BITA

Bitauto Hldg Ltd (ADR) (BITA) rated Hold by Brean Capital

Posted on: Tuesday,  Mar 10, 2015  8:25 AM ET by Brean Capital

Bitauto Hldg Ltd (ADR)
(NYSE: BITA) rated Hold by Brean Capital.

Bitauto Holdings Limited (Bitauto) is a holding company. The Company is a provider of Internet content and marketing services for People?s Republic of China?s automotive industry. Its bitauto.com and ucar.cn Websites provide consumers with up-to-date new and used automobile pricing information, specifications, reviews and consumer feedback. Through its vertical plus portal model, the Company also distribute its dealer customers? automobile pricing and promotional information through 67 partner Websites, including major portals operated by Tencent, Sina, Netease, Yahoo China and Tom Online. It has three segments: bitauto.com business, ucar.cn business and digital marketing solutions business. The Company conducts all of its business through its operating subsidiary, Beijing Bitauto Internet Information Company Limited (BBII) and its consolidated special purpose entities (SPEs) in People?s Republic of China.

Brean Capital
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/10/2015 8:25 AM Hold
None
53.06
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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