Analysts rate HIVE Blockchain Technologies Ltd(HIVE:TSV) with a Strong Buy rating

by: Gillian Lawrence
HIVE Blockchain

Analysts rate HIVE Blockchain Technologies Ltd with a consensus Strong Buy rating and a 12-month average target price of $4.76 per share.

Based on the HIVE Blockchain Technologies stock forecast from 2 analysts, the average analyst target price for HIVE Blockchain Technologies Ltd is CAD 4.76 over the next 12 months. HIVE Blockchain Technologies average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of HIVE Blockchain Technologies Ltd is Slightly Bullish , which is based on 2 positive signals and 1 negative signals. At the last closing, HIVE Blockchain Technologies stock price was CAD 5.66HIVE Blockchain Technologies stock price has changed by -14.37% over the past week, -30.72% over the past month and +59.44% 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 Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What we don’t like:

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Disclaimer

Stock Target Advisor is not a broker/dealer, investment advisor, or platform for making stock buying or selling decisions. Our goal is to democratize and simplify financial information through automated analysis, aggregation of stock information, and education to help investors with their research. No content on our site, blogs or newsletters constitutes – or should be understood as constituting – a recommendation to enter into any securities transactions or to engage in any of the investment strategies presented in our site content. We also cannot guarantee the accuracy of any information presented on our site and in our analysis.

Leave a Reply

Your email address will not be published.