What 8 Analyst Ratings Have To Say About Nuvei
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 8 Wall Street analysts have provided ratings for Nuvei (NASDAQ:NVEI), with an average 12-month price target of $21.88, a decrease from the previous target of $25.50. The ratings include 3 bullish, 1 somewhat bullish, and 4 indifferent, with no bearish ratings. The high price target is $27.00 and the low is $19.00.
November 30, 2023 | 1:00 pm
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NEUTRAL IMPACT
Analysts have a mixed but mostly positive outlook on Nuvei with an average price target of $21.88, which is lower than the previous target of $25.50.
The mixed analyst ratings with a majority leaning towards bullish and somewhat bullish suggest a cautiously optimistic view on NVEI. However, the decrease in the average price target may temper short-term expectations, leading to a neutral score. The high relevance is due to the direct mention of Nuvei and its stock ratings. The importance is significant as analyst ratings can influence investor sentiment, but not at the highest level since the ratings are mixed. The confidence level is high due to the clear data provided on analyst opinions and price targets.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100