© Reuters. Expert rating for Tesla
Tesla (NASDAQ:) received the following ratings in the past quarter:
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18 analysts, who have assigned Tesla 12-month price targets for the past 3 months, value the company at an average price target of $930.06, with a high of $1,291.00 and a low of $335 .
Please find below an overview of Tesla’s ranking over the past three months according to 18 analysts. The higher the number of bullish ratings, the more analysts are positive on the stock, while a preponderance of bearish ratings reflects negative sentiment.
This average is down 4.04% from the previous price target of $969.18.
What is an analyst rating? An analyst is a specialist in banking and financial systems who generally publishes notes focused on specific stocks or well-defined sectors. These professionals conduct research on the financial condition of companies, participate in conference calls, meetings and inquire with relevant insiders to determine what is known as an analyst rating on a stock. Usually, analysts rate each stock once a quarter.
Analysts can also integrate their ratings with forecasts for certain key indicators, such as growth estimates, earnings and revenue, to provide more insight into the companies in question. When consulting ratings, it is important to keep in mind that stock and sector analysts are still human. Therefore, they can only offer investors their personal opinions.
Read the article on Benzinga France