What 5 Analyst Ratings Have To Say About Ballard Power Systems
Portfolio Pulse from Benzinga Insights
In the last 3 months, 5 analysts have provided 12-month price targets for Ballard Power Systems (NASDAQ:BLDP), with an average target of $5.15, down 14.17% from the previous average of $6.00. The ratings include 1 bullish, 2 indifferent, and 2 somewhat bearish.

June 14, 2023 | 8:02 pm
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Ballard Power Systems' average 12-month price target is $5.15, down 14.17% from the previous average. Analysts' ratings include 1 bullish, 2 indifferent, and 2 somewhat bearish.
The mixed analyst ratings for Ballard Power Systems indicate a neutral short-term impact on the stock price. While the average price target has decreased by 14.17%, the ratings are not predominantly bearish or bullish, suggesting that the stock price may not experience significant fluctuations in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100