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Brokerages Set $17.60 Target Price for Niu Technologies – (NIU)

Niu Technologies – (NASDAQ:NIU) has earned a consensus 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, One analyst has rated the stock with a strong buy recommendation.

Analysts have set a twelve-month consensus price target of $17.60 for the company, according to Zacks. Zacks has also assigned Niu Technologies an industry rank of 232 related companies.

Get Niu Technologies alerts: Several research analysts recently commented on the company. Needham & Company LLC assumed coverage on Niu Technologies in a research note on Wednesday. They issued a “buy” rating and a $12.00 price objective for the company. Credit Suisse Group assumed coverage on Niu Technologies in a research note on Tuesday. They issued an “outperform” rating for the company. Finally, Citigroup assumed coverage on Niu Technologies in a research note on Tuesday, November 13th. They issued a “buy” rating and a $17.60 price objective for the company.

NASDAQ NIU traded up $0.15 during mid-day trading on Thursday, hitting $8.15. The stock had a trading volume of 228,306 shares, compared to its average volume of 289,147. Niu Technologies has a twelve month low of $6.32 and a twelve month high of $10.20.

About Niu Technologies

Niu Technologies designs, manufactures, and sells smart e-scooters in the People's Republic of China. It offers N, M, and U series e-scooters with various models or specifications under the NIU brand name. The company sells and services its products through city partner system, as well as through own online store and third-party e-commerce platforms.

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Niu Technologies (NIU)