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Analyst Rating: Will Ballard Power Systems Inc (BLDP) Stock Beat the Market?

Thursday, November 09, 2023 10:34 AM | InvestorsObserver Analysts

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Analyst Rating: Will Ballard Power Systems Inc (BLDP) Stock Beat the Market?

Wall Street is positive on Ballard Power Systems Inc (BLDP). On average, analysts give the stock a Hold rating. The average price target is $5.929, which means analysts expect the stock to rise by 65.15% over the next twelve months. That average ranking earns the stock an Analyst Rating of 4, which is better than 4% of stocks based on data compiled by InvestorsObserver.

Overall Score - 2.8
Wall Street analysts are rating BLDP a Hold today. Find out what this means to you and get the rest of the rankings on BLDP!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Ballard Power Systems Inc Stock Today?

Ballard Power Systems Inc (BLDP) stock has gained 5.59% while the S&P 500 is down -0.17% as of 10:33 AM on Thursday, Nov 9. BLDP is up $0.19 from the previous closing price of $3.40 on volume of 500,761 shares. Over the past year the S&P 500 is up 16.72% while BLDP is down -30.16%. BLDP lost -$0.54 per share the over the last 12 months. Click Here to get the full Stock Report for Ballard Power Systems Inc stock.

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