Gummybear Avisors initiated coverage of Atour Lyfestyle with a Buy rating and $22-$24 price target. Atour is the largest hotel operator in the upper midscale segment and the seventh largest in China with over 880 hotels
--Driven by net hotel openings and a RevPAR recovery, analyst estimates "rapid" earnings compound annual growth of 91% in 2021-24,
3 /17-
Atour Lifestyle initiated with a Buy at Citi 03/17
ATAT
Citi analyst Lydia Ling initiated coverage of Atour Lifestyle with a Buy rating and $28.30 price target.
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Atour Lifestyle announces offering of 4.8M ADS for holders 18:21 ATAT Atour Lifestyle Holdings announced the commencement of a proposed registered underwritten offering by entities affiliated with Legend Capital of American depositary shares, each ADS representing three Class A ordinary shares of the company. -?
Legend Capital proposes to offer an aggregate of 4.8M ADSs. BofA Securities and CMB International Capital Limited act as the joint bookrunners for the proposed Secondary Offering.
--Driven by net hotel openings and a RevPAR recovery, analyst estimates "rapid" earnings compound annual growth of 91% in 2021-24,
3 /17-
Atour Lifestyle initiated with a Buy at Citi 03/17
ATAT
Citi analyst Lydia Ling initiated coverage of Atour Lifestyle with a Buy rating and $28.30 price target.
ShowRelated Items >>
Atour Lifestyle announces offering of 4.8M ADS for holders 18:21 ATAT Atour Lifestyle Holdings announced the commencement of a proposed registered underwritten offering by entities affiliated with Legend Capital of American depositary shares, each ADS representing three Class A ordinary shares of the company. -?
Legend Capital proposes to offer an aggregate of 4.8M ADSs. BofA Securities and CMB International Capital Limited act as the joint bookrunners for the proposed Secondary Offering.