Skip to main content
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.

Analysts Offer Insights on Financial Companies: Bit Digital (BTBT), Mitsubishi UFJ Lease & Finance Company (OtherMIUFF) and Royal Bank Of Canada (RY)

Tipranks - Sat Apr 4, 5:54AM CDT

There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on Bit Digital (BTBT), Mitsubishi UFJ Lease & Finance Company (MIUFF) and Royal Bank Of Canada (RY) with bullish sentiments.

End of Quarter Sale - 50% Off TipRanks

Bit Digital (BTBT)

Craig-Hallum analyst George Sutton reiterated a Buy rating on Bit Digital yesterday and set a price target of $3.00. The company’s shares closed last Thursday at $1.37.

According to TipRanks.com, Sutton is a 5-star analyst with an average return of 20.4% and a 47.7% success rate. Sutton covers the Technology sector, focusing on stocks such as DeFi Development Corporation, Applied Digital Corporation, and Core Scientific Inc. ;'>

Currently, the analyst consensus on Bit Digital is a Strong Buy with an average price target of $5.17, implying a 294.7% upside from current levels. In a report released yesterday, H.C. Wainwright also reiterated a Buy rating on the stock with a $7.00 price target.

See the top stocks recommended by analysts >>

Mitsubishi UFJ Lease & Finance Company (MIUFF)

Mitsubishi UFJ Lease & Finance Company received a Buy rating and a Yen1690.00 price target from Morgan Stanley analyst Atsuro Takemura yesterday. The company’s shares closed last Thursday at $7.50.

According to TipRanks.com, Takemura is ranked #3676 out of 12128 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mitsubishi UFJ Lease & Finance Company with a $10.59 average price target, representing a 41.2% upside. In a report issued on March 18, TipRanks – OpenAI also upgraded the stock to Buy with a Yen1585.00 price target.

Royal Bank Of Canada (RY)

In a report released yesterday, Sohrab Movahedi from BMO Capital maintained a Buy rating on Royal Bank Of Canada, with a price target of C$245.00. The company’s shares closed last Thursday at $163.39.

According to TipRanks.com, Movahedi is a 5-star analyst with an average return of 13.3% and a 61.1% success rate. Movahedi covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Toronto Dominion Bank. ;'>

Currently, the analyst consensus on Royal Bank Of Canada is a Strong Buy with an average price target of $181.69, implying a 12.4% upside from current levels. In a report issued on March 26, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a C$260.00 price target.

Read More on BTBT:

Disclaimer & DisclosureReport an Issue

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.