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EV Stock Drops 2.87% Monday; What Do Analysts Think The Future Is For Blink Charging Co (BLNK)?

Monday, November 28, 2022 12:18 PM | InvestorsObserver Analysts

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EV Stock Drops 2.87% Monday; What Do Analysts Think The Future Is For Blink Charging Co (BLNK)?

EV stock BLNK is lower by 2.87% Monday. InvestorsObserver is giving Blink Charging Co (BLNK) an Analyst Rating Rank of 22, meaning BLNK is ranked higher by analysts than 22% of stocks. The average price target for BLNK is $25.5 and analyst’s rate the stock as a Buy.

Overall Score - 3.6
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?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Blink Charging Co Stock Today?

Blink Charging Co (BLNK) stock is trading at $12.85 as of 12:18 PM on Monday, Nov 28, a loss of -$0.38, or -2.87% from the previous closing price of $13.23. The stock has traded between $12.65 and $13.18 so far today. Volume today is less active than usual. So far 257,672 shares have traded compared to average volume of 1,139,513 shares. Click Here to get the full Stock Report for Blink Charging Co stock.

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