HSBC Sticks to Its Hold Rating for Ballard Power Systems (BLDP)
HSBC analyst maintained a Hold rating on Ballard Power Systems today and set a price target of $3.40. The company’s shares closed yesterday at $3.61.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Ballard Power Systems with a $1.83 average price target.
BLDP market cap is currently $1.09B and has a P/E ratio of -3.64.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BLDP in relation to earlier this year.
Read More on BLDP:
Disclaimer & DisclosureReport an Issue
- Ballard Power Systems Unveils New Fuel Cell Module for City Buses
- Downgrade Alert! Analysts Have Recently Downgraded These Stocks
- Ballard Power Systems’ Earnings Call: Mixed Sentiments and Strategic Moves
- Ballard Power price target raised to $1.80 from $1.25 at Roth Capital
- Cautious Outlook: Sell Rating for Ballard Power Systems Amid Restructuring and Market Challenges
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.