Analysts have been eager to weigh in on the Utilities sector with new ratings on Blink Charging Co (BLNK – Research Report) and Energy Transfer (ET – Research Report).
Blink Charging Co (BLNK)
Stifel Nicolaus analyst Stephen Gengaro maintained a Hold rating on Blink Charging Co on August 17 and set a price target of $8.00. The company’s shares closed last Friday at $4.84, close to its 52-week low of $4.70.
According to TipRanks.com, Gengaro is a 4-star analyst with an average return of
Currently, the analyst consensus on Blink Charging Co is a Moderate Buy with an average price target of $23.00, a 384.2% upside from current levels. In a report issued on August 11, D.A. Davidson also maintained a Hold rating on the stock with a price target.
See today’s best-performing stocks on TipRanks >>
Energy Transfer (ET)
Bank of America Securities analyst Neel Mitra maintained a Buy rating on Energy Transfer yesterday and set a price target of $17.00. The company’s shares closed last Friday at $13.00.
Mitra has an average return of
According to TipRanks.com, Mitra is ranked #6091 out of 8522 analysts.
Currently, the analyst consensus on Energy Transfer is a Strong Buy with an average price target of $17.83, a 38.8% upside from current levels. In a report issued on August 17, Barclays also assigned a Buy rating to the stock with a $16.00 price target.
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.
Read More on BLNK:
- Largest borrow rate increases among liquid names
- EV charging infrastructure growth not keeping pace with EV sales, FT reports
- Blink Charging enhances electric vehicle charging presence in Mexico
- Blink Charging Enhances its Electric Vehicle Charging Presence in Mexico with New Website Designed to Reach Growing Driver Base
- Blink Charging Actively Expands EV Charging Infrastructure Across Latin America with Region-Specific Products
