H.C. Wainwright analyst Sameer Joshi maintained a Buy rating on Blink Charging Co (BLNK) today and set a price target of $5. The company’s shares closed yesterday at $2.85.
Joshi noted:
“We believe that investors seeking access to the EV charging space should find Blink’s market position attractive. The company has capitalized on its early-mover advantage by executing a strategy of executing long-term contracts with property partners, and offering flexible payment plans to customers.”
Joshi has an average return of 15.7% when recommending Blink Charging Co.
According to TipRanks.com, Joshi is ranked #3234 out of 5190 analysts.
Blink Charging Co has an analyst consensus of Moderate Buy, with a price target consensus of $5.
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The company has a one-year high of $7.98 and a one-year low of $1.56. Currently, Blink Charging Co has an average volume of 904.9K.
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Blink Charging Co. owns, operates, and provides electric vehicle, charging equipment, and networked EV charging services. Its products and services include Blink EV charging network, charging equipment, also known as electric vehicle supply equipment, and EV charging services.
