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Enter Symbol:
 
China Automotive Systems, Inc. (CAAS) [hlAlert]

Rating:
Outperform
CAAS
down 67.23 %

China Automotive Systems, Inc. (CAAS) rated Outperform with price target $12 by Oppenheimer

Posted on: Thursday,  Jul 14, 2011  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform China Automotive Systems, Inc. (NASDAQ: CAAS) on 07/14/2011. Previously Oppenheimer rated Outperform China Automotive Systems, Inc. (NASDAQ: CAAS) on
05/17/2010., when the stock price was $19.44. Since then, China Automotive Systems, Inc. has lost 67.23% as of 08/27/2015's recent price of $6.37.
If you would have followed the previous Oppenheimer's recommendation on CAAS, you would have lost 67.23% of your investment in 1928 days.

China Automotive Systems is a holding company and has no significant business operations other than their interest in Genesis in which they manufacture power steering systems and other component partsfor automobiles.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/14/2011 8:25 AM Buy
None
8.21 12.00
as of 12/30/2011
1 Week down  -7.82 %
1 Month down  -14.06 %
3 Months down  -30.08 %
1 YTD down  -75.77 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/18/2011 8:25 AM Buy
None
8.72 15.00
5/17/2010 8:25 AM Buy
None
19.44 25.00

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