Shares of Polestar Automotive Holding UK PLC (NASDAQ:PSNY - Get Free Report) have been assigned a consensus rating of "Hold" from the six analysts that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $3.83.
Several research firms have recently weighed in on PSNY. Piper Sandler reiterated a "neutral" rating and set a $2.00 price target (down previously from $3.00) on shares of Polestar Automotive Holding UK in a research note on Friday, March 15th. Cantor Fitzgerald reiterated an "overweight" rating and set a $5.00 price target on shares of Polestar Automotive Holding UK in a research note on Friday, April 12th. Finally, Sanford C. Bernstein began coverage on Polestar Automotive Holding UK in a research note on Wednesday, January 24th. They set an "underperform" rating and a $1.15 price target for the company.
Get Our Latest Analysis on Polestar Automotive Holding UK
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the stock. Green Alpha Advisors LLC boosted its stake in Polestar Automotive Holding UK by 2.4% in the 1st quarter. Green Alpha Advisors LLC now owns 279,118 shares of the company's stock worth $430,000 after purchasing an additional 6,528 shares during the period. Cantor Fitzgerald L. P. purchased a new stake in shares of Polestar Automotive Holding UK in the 4th quarter valued at about $226,000. Bard Financial Services Inc. raised its holdings in shares of Polestar Automotive Holding UK by 57.1% in the 4th quarter. Bard Financial Services Inc. now owns 27,500 shares of the company's stock valued at $62,000 after acquiring an additional 10,000 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in shares of Polestar Automotive Holding UK by 136.4% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 24,344 shares of the company's stock valued at $55,000 after acquiring an additional 14,048 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Polestar Automotive Holding UK by 67.6% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 288,172 shares of the company's stock valued at $608,000 after acquiring an additional 116,207 shares in the last quarter. Institutional investors own 1.02% of the company's stock.
Polestar Automotive Holding UK Stock Down 2.4 %
NASDAQ:PSNY traded down $0.03 during trading on Wednesday, reaching $1.24. The company's stock had a trading volume of 4,860,235 shares, compared to its average volume of 3,328,152. Polestar Automotive Holding UK has a 12 month low of $1.20 and a 12 month high of $4.96. The firm has a 50 day moving average of $1.59 and a 200-day moving average of $1.97.
Polestar Automotive Holding UK Company Profile
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Get Free ReportPolestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.
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