The stock has a consensus analyst price target of $19.91for twelve month. They now have a $338.00 price objective on the electric vehicle producer’s stock. The company’s institutional ownership is monitored at 68.3%. Proficio Capital Partners LLC boosted its stake in Tesla Motors by 56.1% in the second quarter. Trust Co. of Vermont now owns 535 shares of the electric vehicle producer’s stock worth $114,000 after buying an additional 95 shares in the last quarter. First Manhattan Co. now owns 588 shares of the electric vehicle producer’s stock worth $124,000 after buying an additional 50 shares in the last quarter.
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Tesla Motors, Inc.’s (TSLA) ended its day with a loss of -5.30% and finalized at the price of $200.77. On other hand, keeping in mind stable cash flows but few growth prospects make traders to value lower. It shifted down -7.64% in contrast to its 200 day moving average of $220.54. Tesla Motors, Inc. has a 52-week low of 141.05 and a 52-week high of 271.57. The stock’s market capitalization is 29.41B.
Keep an eye on Analyst Actions: Tesla Motors, Inc. Now shares have been rated as “Buy” from 1 Analysts. The difference between the expected and actual EPS was $-0.54/share, which represents an Earnings surprise of -103.8%. This consensus figure is based on 12 firms providing estimates. The company’s quarterly revenue was up 30.5% on a year-over-year basis.
General Motors Company (NYSE:GM) shares moved to $31.80 after starting the day at $31.86 on Thursday.
Several other analysts have also weighed in on TSLA. The share price is now at 8.94% for the past six months.
07/21/2016 – Tesla Motors, Inc. had its “buy” rating reiterated by analysts at Goldman Sachs. Morgan Stanley reaffirmed an “overweight” rating and set a $333.00 price objective on shares of Tesla Motors in a report on Tuesday, May 10th.
Also, Argus Research downgrades its view on Tesla Motors (NASDAQ:TSLA) according to the research report released by the firm to its investors. One Month Ago, the stock has been recommended as “Buy” from 6 and 4 suggested “Sell” for the stock. Tesla Motors presently has a consensus rating of “Hold” and an average price target of $257.12.
07/25/2016 – Tesla Motors, Inc. had its “sell” rating reiterated by analysts at UBS. The company most recent volume stood at 7.94 million shares as compared to average volume of 4.05 million shares. The corporation holds 140.46 million outstanding shares and its 137.68 million shares were floated in the market. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
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08/04/2016 – Tesla Motors, Inc. had its “perform” rating reiterated by analysts at Oppenheimer. They now have a Dollars 160 price target on the stock.
