The stock's price moved up its 200-day moving average of $23.57. Berenberg Bank's price target would indicate a potential downside of 1.86% from the company's current price.
A number of other equities analysts also recently commented on the stock.
10/26/2016 - Tesla Motors, Inc. had its "hold" rating reiterated by analysts at Standpoint Research. (NASDAQ:TSLA) in a research report sent to investors on Thursday morning. In addition, for the current month 8 number of analysts gave ratings for hold as compared to last month 8 number of analysts stood in same position. The stock presently has an average rating of Hold and a consensus target price of $250.47. (NASDAQ:TSLA)'s Buy count is 1 and Strong Buy is 2 while the number of analysts recommending Sell and Strong Sell are 2 and 7, respectively. Tesla Motors has a one year low of $141.05 and a one year high of $269.34.
The stock price of firm is moving up from its 20 days moving average with 11.69% and remote isolated positively from 50 days moving average with 1.78%. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesla Motors, Inc. with MarketBeat.com's FREE daily email newsletter.
Now, the FactSet Research estimate calls for Q4 2016 earnings of US$0.03. The Company showed a positive 9.30% in the net profit margin. The company earned $2.30 billion during the quarter, compared to analysts' expectations of $2.33 billion. The firm has an EPS value of -6.53, resultantly displaying an EPS growth for this year at -193.60%. The company's quarterly revenue was up 145.3% compared to the same quarter past year.
WARNING: This article was first posted by Community Financial News and is the sole property of of Community Financial News. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of global copyright and trademark laws. Citigroup Inc. reissued an underweight rating on shares of Tesla Motors in a research note on Friday, October 21st. The most recent short interest data show 26.74% of the company's stock are short sold. The company has a total of 332.49 Million shares outstanding. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kimbal Musk sold 2,779 shares of the business's stock in a transaction on Tuesday, November 1st. The stock was sold at an average price of $190.82, for a total value of $6,379,112.60. The disclosure for this sale can be found here. Hedge funds and other institutional investors own 60.93% of the company's stock.
The Hartford Financial Services Group, Inc. State Treasurer State of MI now owns 339,623 shares of the electric vehicle producer's stock valued at $72,095,000 after buying an additional 234,802 shares during the period. Reilly Financial Advisors LLC boosted its position in Tesla Motors by 92.9% in the third quarter. Sumitomo Mitsui Asset Management Company LTD now owns 281,004 shares of the electric vehicle producer's stock valued at $57,333,000 after buying an additional 239,600 shares during the period. Trust Co. of Vermont increased its position in shares of Tesla Motors by 21.6% in the second quarter. State Treasurer State of MI increased its position in shares of Tesla Motors by 224.0% in the second quarter.
The Stock gained 1.47% and closed its last trading session at $19.27.
Consumer Reports famously assigned the Tesla Model S sedan an off-the-charts rating in August 2015, giving the sedan's more powerful version a score of 103 points out of a possible 100 points.