China Automotive Systems inc (CAAS)

[Hostile Takeover]

China Automotive Systems has the Highest Upside Potential in the Auto Parts & Equipment Industry (CAAS, SORL, WATG, XIDE, BLDP)
3 days 4 hours 42 minutes ago - Comtex SmarTrend(R) via Comtex
Comtex SmarTrend(R)

Below are the top five companies in the Auto Parts & Equipment industry as measured by the potential gains between the current stock price and the projected average analyst target.

China Automotive Systems (NASDAQ:CAAS) has a potential upside of 116.8% based on a current price of $7.15 and an average consensus analyst price target of $15.5.

SORL Auto Parts (NASDAQ:SORL) has a potential upside of 116.3% based on a current price of $5.01 and an average consensus analyst price target of $10.84.

Wonder Auto Technology (NASDAQ:WATG) has a potential upside of 107.6% based on a current price of $5.42 and an average consensus analyst price target of $11.25.

Exide Technologies (NASDAQ:XIDE) has a potential upside of 52.1% based on a current price of $9.86 and an average consensus analyst price target of $15.

Ballard Power Systems (NASDAQ:BLDP) has a potential upside of 51.4% based on a current price of $1.75 and an average consensus analyst price target of $2.65.

SmarTrend currently has shares of Ballard Power Systems in an Downtrend and issued the Downtrend alert on April 18, 2011 at $2.06. The stock has fallen 15% since the Downtrend alert was issued.

Write to Chip Brian at [e-mail]