Analyst Upgrades and Downgrades TSLA has been the topic of a number of research analyst reports. BNP Paribas Exane decreased their price target on shares of Tesla from $313.00 to $280.00 and set an “underperform” rating on the stock in a report on Monday, March 2nd. China Renaissance raised their price target on shares of Tesla from $380.00 to $382.00 and gave the stock a “hold” rating in a report on Monday, February 2nd. New Street Research raised their target price on Tesla from $520.00 to $600.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. UBS Group lifted their target price on shares of Tesla from $307.00 to $352.00 and gave the company a “sell” rating in a research note on Thursday, January 29th. Finally, President Capital cut their target price on shares of Tesla from $517.00 to $500.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. Nineteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and ten have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $402.61. Get Our Latest Stock Analysis on TSLA Insiders Place Their Bets In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of the business’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the sale, the chief financial officer directly owned 18,106 shares in the company, valued at approximately $7,188,625.18. The trade was a 11.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the business’s stock in a transaction on Monday, March 30th. The shares were sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the sale, the director owned 33,860 shares of the company’s stock, valued at approximately $12,166,913.80. This represents a 43.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 53,804 shares of company stock valued at $20,865,598. Company insiders own 19.90% of the company’s stock. Tesla Stock Down 2.2% TSLA stock opened at $352.82 on Tuesday. Tesla, Inc. has a 1-year low of $214.25 and a 1-year high of $498.83. The business has a fifty day moving average price of $399.41 and a 200-day moving average price of $427.11. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77. The stock has a market capitalization of $1.32 trillion, a P/E ratio of 326.69, a P/E/G ratio of 10.69 and a beta of 1.91. Tesla (NASDAQ:TSLA – Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The firm had revenue of $24.90 billion during the quarter, compared to analysts’ expectations of $24.75 billion. During the same quarter in the previous year, the business earned $0.73 earnings per share. The company’s revenue was down 3.1% on a year-over-year basis. Equities analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Tesla Profile