Analysts rate HIVE Blockchain Technologies Ltd with a consensus Strong Buy rating and a 12-month average target price of $3.40 per share.
Based on the HIVE Blockchain Technologies Ltd stock forecasts from 2 analysts, the average analyst target price for HIVE Blockchain Technologies Ltd is CAD 3.40 over the next 12 months. HIVE Blockchain Technologies Ltd’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of HIVE Blockchain Technologies Ltd is Very Bullish, which is based on 3 positive signals and 0 negative signals. At the last closing, HIVE Blockchain Technologies Ltd’s stock price was CAD 4.68. HIVE Blockchain Technologies Ltd’s stock price has changed by -2.50% over the past week, +1.96% over the past month and +70.80% over the last year.
What we like:
High market capitalization
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
Superior risk adjusted returns
This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
Superior Earnings Growth
This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.
What we don’t like:
There is nothing we particularly dislike
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