Scott Berg analyst at Needham reiterates coverage on Global-e Online (GLBE) in the Consumer Goods sector with a Buy rating. TipRanks.com has Berg rated as a 4.4 star analyst with a 44% return on investment and a 8% success rate. Berg has set a price target of $ 25.
TipRanks.com reports that Global-e Online currently has 9 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $32.33. The target pricing ranges from a high forecast of $50.00 down to a low forecast of $25.00. Global-e Online (GLBE)’s last closing price was $19.47 which would put the average price target at 66.05% upside.
In addition, TradingView issued a Sell rating for GLBE over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on GLBE.
Other analysts covering GLBE include:
- James Faucette of Morgan Stanley issued a Buy rating with the price target of $ 34 on 3 days ago
- Josh Beck of KeyBanc issued a Buy rating with the price target of $ 25 on 4 days ago
- Brian Peterson of Raymond James issued a Buy rating with the price target of $ 25 on 4 days ago
- Brent Bracelin of Piper Sandler issued a Buy rating with the price target of $ 30 on 4 days ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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