Credit Suisse analyst Stephen Ju maintained a Buy rating on Blade Air Mobility (BLDE – Research Report) today and set a price target of $7.00. The company’s shares closed yesterday at $3.82.
Ju covers the Technology sector, focusing on stocks such as Amazon, Angi, and Ebay. According to TipRanks, Ju has an average return of 13.1% and a 53.54% success rate on recommended stocks.
Blade Air Mobility has an analyst consensus of Strong Buy, with a price target consensus of $8.67.
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BLDE market cap is currently $279.5M and has a P/E ratio of -10.08.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BLDE in relation to earlier this year. Last month, Heyburn William A., the CFO of BLDE bought 33,712.00 shares for a total of $6,068.16.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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Read More on BLDE:
- Blade Air Mobility Reports Financial Results for the Second Quarter Ended June 30, 2023
- Blade Air Mobility to Present at Oppenheimer 26th Annual Technology, Internet and Communications Conference
- Blade Air Mobility announces launch of a shareholder Q&A platform
- Blade Air Mobility Announces New Investor Q&A Platform Ahead of its Release of Fiscal Second Quarter 2023 Financial Results
- Blade Air Mobility initiated with a Buy at Ladenburg
