What analysts think of Tesla By Benzinga France


© Reuters. What analysts think of Tesla

Analysts gave Tesla (NASDAQ:) the following ratings over the past quarter:

Bullish Slightly Bullish Neutral Slightly Bearish Bearish

Overall ratings 1 6 6 2 1
last 30 days 0 1 0 0 0
A month ago 1 3 4 1 1
Two months ago 0 1 2 1 0
Three months ago 0 1 0 0 0

16 analysts, who have assigned Tesla 12-month price targets for the past 3 months, value the company at an average price target of $924.44, 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 16 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 up 0.08% from the previous price target of $923.73.

What is an analyst rating? The ratings are written by analysts or specialists in the banking and financial field who publish their assessment of specific stocks or well-defined sectors (generally, each security is rated once a quarter). Typically, analysts obtain the information necessary to assess a company from conference calls, meetings, financial statements and conversations with key insiders.

Some analysts also offer forecasts for certain key indicators, such as earnings, revenue, and growth estimates, to provide more insight into managing stock portfolios. However, it is important to keep in mind that although stock and sector analysts are specialists, they are also human. Therefore, their estimates may only reflect their personal opinions.

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