Blurbs

H.C. Wainwright Thinks Blink Charging Co’s Stock is Going to Recover

In a report released today, Sameer Joshi from H.C. Wainwright maintained a Buy rating on Blink Charging Co (BLNKResearch Report), with a price target of $50.00. The company’s shares closed last Friday at $16.98, close to its 52-week low of $13.60.

Joshi has an average return of 147.8% when recommending Blink Charging Co.

According to TipRanks.com, Joshi is ranked #248 out of 7915 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Blink Charging Co with a $25.33 average price target.

See Insiders’ Hot Stocks on TipRanks >>

The company has a one-year high of $49.00 and a one-year low of $13.60. Currently, Blink Charging Co has an average volume of 991.9K.

Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BLNK in relation to earlier this year.

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.

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. The company was founded by Michael D. Farkas and Eric Greenberg on October 3, 2006 and is headquartered in Hollywood, FL.

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