BETA Technologies Inc (NYSE:BETA) Receives $32.00 Consensus Price Target from Analysts

Shares of BETA Technologies Inc (NYSE:BETA) have been assigned a consensus rating of “Moderate Buy” from the nine brokerages that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $37.8750.

BETA has been the topic of a number of research reports. Morgan Stanley assumed coverage on BETA Technologies in a report on Monday, December 1st. They issued an “overweight” rating and a $34.00 price objective on the stock. Bank of America assumed coverage on shares of BETA Technologies in a research report on Monday, December 1st. They issued a “buy” rating and a $35.00 target price for the company. The Goldman Sachs Group began coverage on shares of BETA Technologies in a research report on Monday, December 1st. They set a “buy” rating and a $47.00 price target on the stock. Wall Street Zen upgraded shares of BETA Technologies to a “hold” rating in a research note on Saturday, November 15th. Finally, Jefferies Financial Group began coverage on shares of BETA Technologies in a research report on Sunday, November 30th. They set a “hold” rating and a $30.00 target price on the stock.

BETA Technologies Trading Down 5.2%

Shares of BETA stock opened at $28.28 on Monday. BETA Technologies has a 12-month low of $22.40 and a 12-month high of $39.50.

BETA Technologies (NYSE:BETA) last posted its earnings results on Thursday, December 4th. The company reported ($9.83) EPS for the quarter. The firm had revenue of $8.92 million during the quarter, compared to the consensus estimate of $7.50 million.

About BETA Technologies

BETA Technologies Inc is an electric aerospace company. It involved in designing, manufacturing and selling high-performance electric aircraft, advanced electric propulsion systems, components and charging systems. BETA Technologies Inc is based in SOUTH BURLINGTON.