Barclays analyst Brian Johnson maintained a Sell rating on Tesla (NASDAQ: TSLA) today and set a price target of $210. The company’s shares opened today at $285.50.
According to TipRanks.com, Johnson is a 4-star analyst with an average return of 5.3% and a 52.6% success rate. Johnson covers the Industrial Goods sector, focusing on stocks such as Arvinmeritor, Dana Holding, and Visteon Corp.
Currently, the analyst consensus on Tesla is a Hold with an average price target of $325.22, a 13.9% upside from current levels. In a report issued on September 4, Goldman Sachs also downgraded the stock to Sell with a $210 price target.
.
See today’s analyst top recommended stocks >>
Based on Tesla’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $718 million. In comparison, last year the company had a GAAP net loss of $336 million.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is neutral on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Tesla, Inc. engages in the design, development, manufacture, and sale of fully electric vehicles, energy generation and storage systems. It also provides vehicle service centers, supercharger station, and self-driving capability. The firm operates through Automotive, and Energy Generation and Storage segments.
Read More on TSLA:
