From Nasdaq: 2024-05-03 06:53:18

In recent trading, Coinbase Global Inc (COIN) shares surpassed the average analyst 12-month target price of $210.95, trading at $228.85/share. Analysts may now upgrade their target to reflect positive business developments, with a high target of $325.00 and a low of $80.00, creating a standard deviation of $70.932.

The average COIN price target averages out at $210.95/share, derived from 19 different analyst ratings. Investors can use this information to assess whether the stock is undervalued or possibly overvalued, as reflected by the current analyst breakdown showing 7 strong buy ratings, 1 buy rating, 10 hold ratings, 1 sell rating, and 2 strong sell ratings, with an overall average rating of 2.52.

Read more at Nasdaq: Coinbase Global Reaches Analyst Target Price