STA Research assigns a Speculative Buy on the stock, with a $7 target price forecast.
Based on the BetaPro Natural Gas 2x Daily Bear stock (hnd stock price) forecasts from 1 analysts, the average analyst target price for BetaPro Natural Gas 2x Daily Bear (hnd stock price) is $7 over the next 12 months. BetaPro Natural Gas 2x Daily Bear’s average analyst rating is . Stock Target Advisor’s own stock analysis of BetaPro Natural Gas 2x Daily Bear is Very Bearish, which is based on 0 positive signals and 3 negative signals. At the last closing, BetaPro Natural Gas 2x Daily Bear’s stock price was CAD 3.41. BetaPro Natural Gas 2x Daily Bear’s stock price has changed by +0.09% over the past week, +1.10% over the past month and -93.60% over the last year.
What we like:
There is no fundamental attribute that we can detect on the stock that would warrant a positive outlook. The stock is a pure speculative play!
What we don’t like:
Poor risk adjusted returns
This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.
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.
Below median dividend returns
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.