The rating of TSLA has been increased by stock analysts working at Canaccord Genuity from a rating of hold to a rating of buy in a Monday report.
Stock Commentary Of TSLA
There have been quite a few research equities that have commented on the stocks of TSLA. Mizuho Securities has already put up a rating of buy with a price target set at $775 in a 4th April research note. Exane BNP Paribas has gone the other way round and reduced the price rating of the company from neutral to underperform with a price target set at $340 in a 5th January research note.
Edward Jones has also put up a rating of hold in a 13th January research report. Barclays has also increased the price target of the company from $125 to $230 in a 17th December research note. In the end, New Street Research decided to increase the price rating of the company from neutral to buy in a 15th March research report.
Currently, around twelve different analysts have already given the stocks of the company with a rating of sell, while eleven of them have given the company a rating of hold. Around eleven other research analysts have provided the company a rating of buy. As of now, TSLA has a buy rating with a $382.74 price target.
The stocks of TSLA traded on Monday at $701.98. The year low of the company is $116.11, with a year high set at $900.40. The market cap of the company is $673.80 billion, with a 1,409.60 PE ratio, along with an 8.81 PEG ratio. The debt-to-equity ratio of the company is 0.63, with a 1.32 quick ratio. The moving average price of the company over 50 days has been $665.96, with the moving average price of the company over 200 days is $628.25.