Tesla Inc. (TSLA) Receives In-Line Rating from Evercore ISI

Tesla Semi truck

Tesla Semi truck

Shares of Tesla, Inc. The stock currently has an average rating of "Hold" and a consensus price target of $249.05.

A number of other equities research analysts also recently weighed in on TSLA. (The) set a $180.00 price target on shares of Tesla and gave the company a sell rating in a research report on Friday, June 30th.

Elon Musk has said a Tesla electric truck, to be unveiling for the first time at a media event on November 16, will "blow your mind clear out of your skull and into an alternate dimension". Guggenheim reaffirmed a "buy" rating and set a $430.00 price target (up previously from $380.00) on shares of Tesla in a research report on Wednesday, July 5th. Ten investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have issued a buy rating to the company. They presently have a $330.00 target price on the electric vehicle producer's stock.

Musk's tweet read: "Tesla Semi Truck unveil to be webcast live on Thursday at 8pm!" The relative volume of the stock is 1.29 while its market cap is $50.92 billion. Tesla has a twelve month low of $178.19 and a twelve month high of $389.61.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Wednesday, November 1st. The Return on Equity (ROE) value stands at -28.8%.

In case of Revenue Estimates, 18 analysts have provided their consensus Average Revenue Estimates for Tesla Motors, Inc.as 3.31 Billion. Finally, Janus Henderson Group PLC increased its position in shares of Tesla by 131.8% during the 2nd quarter.

While fit and finish and build quality issues haven't strongly impacted the Tesla brand just yet, it's primarily because most Model S and Model X buyers tend to be early adopters who understand that not everything will immediately be perfect on a revolutionary vehicular platform.

Although the impact on the job industry is still unclear for now, we will be one step closer to finding out what we may find sharing the roads with us, beginning this Thursday. The stock has actually weakened in the past week, as the company has gathered a -1.01% return in the past 5 trading days. The correct version of this article can be viewed at https://stocknewstimes.com/2017/11/14/tesla-inc-tsla-stock-rating-lowered-by-jefferies-group-llc.html. Over the last ninety days, insiders have sold 53,782 shares of company stock worth $18,294,800. Following the completion of the sale, the director now directly owns 154,644 shares in the company, valued at $30,557,654.40. The transaction was disclosed in a document filed with the SEC, which is available at this link. A recent transaction is putting the stock price at $315.64. Insiders own 23.10% of the company's stock. It's still looking like the jobs will be there for drivers, at least until regulations are passed that allow for fully autonomous solutions.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Tesla by 4.9% during the 2nd quarter. The Stock currently has a Weekly Volatility of 2.35% and Monthly Volatility of 2.81%. Finally, Gemmer Asset Management LLC boosted its position in Tesla by 2.6% during the second quarter. Proficio Capital Partners LLC now owns 501 shares of the electric vehicle producer's stock valued at $116,000 after buying an additional 180 shares during the last quarter. Jennison Associates LLC now owns 3,002,685 shares of the electric vehicle producer's stock valued at $1,085,801,000 after acquiring an additional 124,511 shares during the period. Gilder Gagnon Howe & Co. Janus Henderson Group PLC now owns 241,476 shares of the electric vehicle producer's stock valued at $87,329,000 after purchasing an additional 137,318 shares during the last quarter. Trust Co. of Vermont raised its position in Tesla Motors by 21.6% in the second quarter.