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Blink Charging Co (BLNK) Price Target Set: Are Analysts Too Bullish On This Electric Vehicle Stock?

Monday, November 27, 2023 10:32 AM | InvestorsObserver Analysts

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Blink Charging Co (BLNK) Price Target Set: Are Analysts Too Bullish On This Electric Vehicle Stock?

Blink Charging Co (BLNK) is gaining momentum Monday, increasing 4.65%. InvestorsObserver is giving Blink Charging Co (BLNK) an Analyst Rating Rank of 26, meaning BLNK is ranked higher by analysts than 26% of stocks. The average price target for BLNK is $10 and analyst’s rate the stock as a Buy.

Overall Score - 3.7
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?

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 Blink Charging Co Stock Today?

Blink Charging Co (BLNK) stock is trading at $3.51 as of 10:21 AM on Monday, Nov 27, a drop of -$0.17, or -4.65% from the previous closing price of $3.68. The stock has traded between $3.47 and $3.69 so far today. Volume today is light. So far 661,887 shares have traded compared to average volume of 3,567,259 shares. Click Here to get the full Stock Report for Blink Charging Co stock.

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