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Analysts’ Opinions Are Mixed on These Services Stocks: Bit Digital (BTBT) and Esports Entertainment Group (GMBL)

Analysts have been eager to weigh in on the Services sector with new ratings on Bit Digital (BTBTResearch Report) and Esports Entertainment Group (GMBLResearch Report).

Bit Digital (BTBT)

H.C. Wainwright analyst Kevin Dede reiterated a Buy rating on Bit Digital today and set a price target of $2.00. The company’s shares closed last Thursday at $0.76, close to its 52-week low of $0.73.

According to TipRanks.com, Dede has 0 stars on 0-5 stars ranking scale with an average return of -13.6% and a 27.4% success rate. Dede covers the Technology sector, focusing on stocks such as WISeKey International Holding, Mawson Infrastructure Group, and Marathon Digital Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bit Digital with a $2.00 average price target.

See today’s best-performing stocks on TipRanks >>

Esports Entertainment Group (GMBL)

H.C. Wainwright analyst Scott Buck maintained a Hold rating on Esports Entertainment Group today and set a price target of $0.15. The company’s shares closed last Thursday at $0.11, close to its 52-week low of $0.09.

According to TipRanks.com, Buck has 0 stars on 0-5 stars ranking scale with an average return of -12.8% and a 31.9% success rate. Buck covers the Technology sector, focusing on stocks such as Enthusiast Gaming Holdings, Sigma Additive Solutions, and Lightpath Technologies.

Esports Entertainment Group has an analyst consensus of Hold, with a price target consensus of $0.15.

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