What 11 Analyst Ratings Have To Say About Bentley Systems
Portfolio Pulse from Benzinga Insights
Bentley Systems (NASDAQ:BSY) has received 11 analyst ratings in the last quarter, with 1 being bullish, 8 somewhat bullish, and 2 indifferent. The average 12-month price target for the company is $53.64, a 10.83% increase from the previous average of $48.40.
August 07, 2023 | 9:00 pm
News sentiment analysis
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POSITIVE IMPACT
Bentley Systems has received mostly positive analyst ratings, which could boost investor confidence and potentially drive the stock price up in the short term.
Analyst ratings often influence investor sentiment. In this case, the majority of the ratings for Bentley Systems are positive, which could lead to increased investor confidence and a potential rise in the stock price. The increase in the average price target also indicates a positive outlook for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100