The stocks of TSLA have a rating of hold reiterated by a few research analysts covering the firm. According to a report by Jefferies Financial Group, the price target set on the firm has been $700 over the quarter. This does seem to indicate an annual growth rate of 15.07% on the current price of the stock.
The Stock Commentary Of TSLA
There have been quite a few companies that have commented on the stocks of TSLA. The Goldman Sachs Group has already reduced the price rating of the company from neutral to sell in a 2nd February research report. Wedbush has also reiterated a rating of hold on the company in a 10th March research report.
New Street Research has gone ahead to increase the price rating from neutral to buy in a 15th March research report. Sanford C. Bernstein has put up a rating of sell with a price target of $180 in a 9th March research report. In the end, JMP Securities reduced the rating of the company from outperform to market “perform” in a 28th January research report.
Twelve of the investment analysts involved with the firm have given it a rating of sell, while thirteen others have given it a rating of hold. Nine others have given the stocks of TSLA a rating of buy. Currently, the company has a hold rating with a $354.33 price target.
The stocks of TSLA traded on Monday at $10.41. The year low of the company is $89.28, while the year high has been set at $900.40. The debt-to-equity ratio of the company is 0.63, while the current ratio stands at 1.63. The market cap of the firm is $583.88 billion, with a 1,217.19 PE ratio.
