Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Atour Lifestyle Holdings Limited Sponsored ADR (NASDAQ:ATAT) have earned an average recommendation of “Moderate Buy” from the nine analysts that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $48.00.

Several brokerages recently issued reports on ATAT. Zacks Research downgraded Atour Lifestyle from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. Weiss Ratings reissued a “buy (b-)” rating on shares of Atour Lifestyle in a research report on Thursday, August 13th.

Institutional Investors Weigh In On Atour Lifestyle

Institutional investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd increased its holdings in Atour Lifestyle by 651.7% in the third quarter. Caitong International Asset Management Co. Ltd now owns 669 shares of the company’s stock valued at $25,000 after buying an additional 580 shares during the last quarter. Rockefeller Capital Management L.P. bought a new stake in shares of Atour Lifestyle in the 4th quarter valued at approximately $26,000. EverSource Wealth Advisors LLC lifted its stake in Atour Lifestyle by 65.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 818 shares of the company’s stock worth $32,000 after purchasing an additional 325 shares during the last quarter. Atlas Capital Advisors Inc. bought a new position in Atour Lifestyle during the fourth quarter worth $37,000. Finally, Hollencrest Capital Management bought a new stake in Atour Lifestyle during the first quarter valued at $46,000. Institutional investors and hedge funds own 17.79% of the company’s stock.

Atour Lifestyle Stock Up 5.4%

Shares of ATAT stock opened at $37.00 on Thursday. Atour Lifestyle has a fifty-two week low of $30.77 and a fifty-two week high of $43.17. The firm’s 50 day moving average price is $33.18 and its two-hundred day moving average price is $35.60. The stock has a market cap of $5.09 billion, a price-to-earnings ratio of 19.89, a price-to-earnings-growth ratio of 0.97 and a beta of 0.64.

Atour Lifestyle Company Profile

Atour Lifestyle Holdings Co, Ltd. operates as a hospitality and lifestyle company offering a range of lodging and accommodation services in China. The company’s core business includes the development, operation and management of boutique hotels and serviced apartments under its Atour Hotel and Ankora brands. These properties cater primarily to the mid- to upscale segment, delivering a blend of comfort, design-focused interiors and localized services tailored to both business and leisure travelers.

In addition to room offerings, Atour Lifestyle provides a suite of ancillary services designed to enhance guest experiences.