Bullish (NYSE:BLSH) Receives $54.40 Consensus PT from Analysts

Shares of Bullish (NYSE:BLSH) have received an average recommendation of “Hold” from the ten ratings firms that are covering the stock, Marketbeat reports. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year target price among brokers that have covered the stock in the last year is $56.1111.

A number of research analysts have weighed in on the stock. Sanford C. Bernstein assumed coverage on shares of Bullish in a research note on Monday. They issued a “market perform” rating and a $60.00 target price on the stock. Deutsche Bank Aktiengesellschaft started coverage on shares of Bullish in a research report on Monday. They set a “hold” rating and a $51.00 price target on the stock. Wall Street Zen raised shares of Bullish to a “hold” rating in a research report on Saturday, August 30th. JPMorgan Chase & Co. started coverage on shares of Bullish in a research report on Monday. They set a “neutral” rating and a $50.00 price target on the stock. Finally, Jefferies Financial Group started coverage on shares of Bullish in a research report on Monday. They set a “hold” rating and a $49.00 price target on the stock.

Bullish Stock Performance

NYSE BLSH opened at $52.50 on Monday. Bullish has a 1 year low of $47.88 and a 1 year high of $118.00. The firm has a market capitalization of $7.67 billion and a P/E ratio of -1,038.45.

About Bullish

Bullish is an institutionally focused global digital asset platform that provides market infrastructure and information services. Our objective is to provide mission critical products and services that are designed to help institutions grow their businesses, empower individual customers, and drive the adoption of stablecoins, digital assets, and blockchain technology.