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Analysts Are Bullish On This EV Stock, Should You Roll With Blink Charging Co (BLNK) Thursday?

Thursday, February 29, 2024 01:24 PM | InvestorsObserver Analysts

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Analysts Are Bullish On This EV Stock, Should You Roll With Blink Charging Co (BLNK) Thursday?

Blink Charging Co (BLNK), a player in the EV market, is higher by 3.75% Thursday as it outperforms the market. Analysts who follow Blink Charging Co (BLNK) on average expect it to climb 189.09% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns the stock an Analyst Ranking of 31, which means it ranks higher than 31 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.8
Wall Street analysts are rating BLNK a Buy today. Find out what this means to you and get the rest of the rankings on BLNK!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Blink Charging Co Stock Today?

Blink Charging Co (BLNK) stock is trading at $3.19 as of 1:22 PM on Thursday, Feb 29, a rise of $0.12, or 3.75% from the previous closing price of $3.07. The stock has traded between $3.07 and $3.38 so far today. Volume today is 5,572,240 compared to average volume of 7,062,776. Click Here to get the full Stock Report for Blink Charging Co stock.

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