Analysts gave Tesla (NASDAQ:TSLA) the following ratings over the past quarter:
|Bullish||Slightly bullish||Neutral||Slightly bearish||Bearish|
|last 30 days||1||0||0||0||0|
|A month ago||2||3||3||0||0|
|Two months ago||1||3||2||1||1|
|Three months ago||0||0||2||1||0|
Based on 12-month price targets assigned by 20 analysts over the past 3 months, Tesla has an average price target of $927.05, with a high of $1,291.00 and a low of $335.
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Please find below an overview of Tesla’s ranking over the past three months according to 20 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 3.35% from the previous price target of $959.22.
An analyst works in banking and finance, usually specializing in rating stocks or well-defined sectors. These professionals can attend conference calls and corporate meetings, check on a company’s financial condition, and communicate with insiders to post “analyst ratings” on stocks. Analysts typically 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.