Advertisement
UK markets close in 8 hours 26 minutes
  • FTSE 100

    7,931.98
    0.00 (0.00%)
     
  • FTSE 250

    19,810.66
    0.00 (0.00%)
     
  • AIM

    742.11
    0.00 (0.00%)
     
  • GBP/EUR

    1.1677
    +0.0008 (+0.07%)
     
  • GBP/USD

    1.2612
    -0.0026 (-0.21%)
     
  • Bitcoin GBP

    55,822.54
    +494.87 (+0.89%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,248.49
    +44.91 (+0.86%)
     
  • DOW

    39,760.08
    +477.75 (+1.22%)
     
  • CRUDE OIL

    81.73
    +0.38 (+0.47%)
     
  • GOLD FUTURES

    2,213.40
    +0.70 (+0.03%)
     
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • HANG SENG

    16,556.44
    +163.60 (+1.00%)
     
  • DAX

    18,477.09
    +92.74 (+0.50%)
     
  • CAC 40

    8,204.81
    +20.06 (+0.25%)
     

Will the Tesla Inc share price run continue?

In this article, we will quickly re-cap the broker forecasts for Tesla Inc (NSQ:TSLA).

The Tesla Inc share price has risen by 6.36% over the past month and it’s currently trading at $1417.13. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.

According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Tesla Inc currently has:

  • 7 Buy recommendations

  • 13 Hold recommendations

  • 4 Sell recommendations

This suggests that analysts are generally positive about the outlook.

ADVERTISEMENT

GET MORE DATA-DRIVEN INSIGHTS INTO NSQ:TSLA »

Questioning broker positivity

At its current price of $1417.13, shares in Tesla Inc are trading at a discount of -19.1% to its 52 week high price. The 1-year performance of the shares has been 509.6%.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Tesla Inc it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Tesla Inc that you can find out about here.

Alternatively, if you'd like to find more shares that analysts are bullish about, you can find them on this Positive Momentum & Broker Buys screen.