What 4 Analyst Ratings Have To Say About Global E Online
Portfolio Pulse from Benzinga Insights
Global E Online (NASDAQ:GLBE) has received 4 analyst ratings in the last quarter, with an average price target of $49.0, which is significantly higher than its current price of $27.55. The ratings include 1 bullish and 3 somewhat bullish, with no indifferent, somewhat bearish, or bearish ratings. The current average price target has decreased by 2.97% from the previous target of $50.50. Analysts' ratings are based on information from company events, financial statements, and insider conversations.
November 15, 2023 | 8:00 pm
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POSITIVE IMPACT
Global E Online has an average analyst price target of $49, suggesting a significant upside from the current price of $27.55. The consensus is positive, with 1 bullish and 3 somewhat bullish ratings.
The positive analyst ratings and the substantial difference between the current price and the target price suggest a potential upside for GLBE in the short term. The unanimous somewhat bullish to bullish sentiment reinforces the likelihood of a positive impact on the stock price. However, as analyst ratings are opinions and not guarantees, the confidence level is not at the maximum.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100