In a report released today, Bill Peterson from J.P. Morgan maintained a Buy rating on Blade Air Mobility (BLDE – Research Report), with a price target of $6.00. The company’s shares opened today at $3.93.
According to TipRanks, Peterson is an analyst with an average return of -2.7% and a 40.98% success rate. Peterson covers the Technology sector, focusing on stocks such as Plug Power, Joby Aviation, and Archer Aviation.
Blade Air Mobility has an analyst consensus of Moderate Buy, with a price target consensus of $10.00.
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BLDE market cap is currently $274.3M and has a P/E ratio of -5.90.
Based on the recent corporate insider activity of 52 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 BLDE in relation to earlier this year.
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