Tesla Motors Inc. (NASDAQ:TSLA)‘s stock had its “hold” rating restated by Berenberg Bank in a research note issued on Monday. They presently have a $193.00 target price on the electric vehicle producer’s stock. Berenberg Bank’s target price indicates a potential upside of 1.81% from the stock’s current price.

Several other equities analysts also recently weighed in on the company. Robert W. Baird set a $338.00 target price on Tesla Motors and gave the company a “buy” rating in a research report on Monday, September 12th. Vetr downgraded Tesla Motors from a “strong-buy” rating to a “buy” rating and set a $223.68 target price on the stock. in a research report on Tuesday, September 6th. FBN Securities reiterated a “buy” rating and set a $275.00 target price on shares of Tesla Motors in a research report on Thursday, October 27th. Finally, Global Equities Research reiterated a “buy” rating and set a $385.00 target price on shares of Tesla Motors in a research report on Thursday, October 27th. Eight analysts have rated the stock with a sell rating, thirteen have given a hold rating and eleven have issued a buy rating to the stock. Tesla Motors has an average rating of “Hold” and a consensus price target of $250.38.

Analyst Recommendations for Tesla Motors (NASDAQ:TSLA)

Tesla Motors (NASDAQ:TSLA) opened at 189.57 on Monday. The stock’s 50 day moving average price is $194.21 and its 200 day moving average price is $210.21. Tesla Motors has a 12 month low of $141.05 and a 12 month high of $269.34. The company’s market capitalization is $28.41 billion.

Tesla Motors (NASDAQ:TSLA) last issued its quarterly earnings data on Wednesday, October 26th. The electric vehicle producer reported $0.71 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.54) by $1.25. Tesla Motors had a negative return on equity of 29.17% and a negative net margin of 14.74%. The company earned $2.30 billion during the quarter, compared to analyst estimates of $2.33 billion. During the same quarter in the previous year, the company posted ($0.58) earnings per share. Tesla Motors’s revenue was up 145.3% compared to the same quarter last year. Equities research analysts anticipate that Tesla Motors will post ($2.04) earnings per share for the current fiscal year.

TRADEMARK VIOLATION NOTICE: “Tesla Motors Inc. (TSLA) Stock Rating Reaffirmed by Berenberg Bank” was originally posted by Financial Market News and is owned by of Financial Market News. If you are viewing this article on another domain, it was illegally copied and reposted in violation of United States & international copyright laws. The legal version of this article can be accessed at http://www.financial-market-news.com/tesla-motors-inc-tsla-stock-rating-reaffirmed-by-berenberg-bank/1209861/.

In other news, insider Jeffrey B. Straubel sold 33,430 shares of the firm’s stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $190.82, for a total transaction of $6,379,112.60. Following the sale, the insider now directly owns 359,655 shares in the company, valued at approximately $68,629,367.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kimbal Musk sold 2,779 shares of the firm’s stock in a transaction dated Tuesday, November 1st. The shares were sold at an average price of $197.60, for a total value of $549,130.40. Following the sale, the director now owns 154,644 shares in the company, valued at $30,557,654.40. The disclosure for this sale can be found here. Company insiders own 27.70% of the company’s stock.

Several large investors have recently bought and sold shares of TSLA. NEXT Financial Group Inc boosted its stake in Tesla Motors by 31.0% in the second quarter. NEXT Financial Group Inc now owns 1,053 shares of the electric vehicle producer’s stock worth $223,000 after buying an additional 249 shares during the period. British Columbia Investment Management Corp boosted its stake in Tesla Motors by 4.2% in the second quarter. British Columbia Investment Management Corp now owns 50,633 shares of the electric vehicle producer’s stock worth $10,748,000 after buying an additional 2,051 shares during the period. Chevy Chase Trust Holdings Inc. boosted its stake in Tesla Motors by 7.4% in the second quarter. Chevy Chase Trust Holdings Inc. now owns 1,446 shares of the electric vehicle producer’s stock worth $307,000 after buying an additional 100 shares during the period. Benjamin F. Edwards & Company Inc. boosted its stake in Tesla Motors by 3.8% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 5,029 shares of the electric vehicle producer’s stock worth $1,068,000 after buying an additional 185 shares during the period. Finally, Gateway Investment Advisers LLC boosted its stake in Tesla Motors by 3.8% in the second quarter. Gateway Investment Advisers LLC now owns 38,663 shares of the electric vehicle producer’s stock worth $8,207,000 after buying an additional 1,433 shares during the period. Hedge funds and other institutional investors own 60.93% of the company’s stock.

About Tesla Motors

Tesla Motors, Inc designs, develops, manufactures and sells electric vehicles and energy storage products. The Company produces and sells two electric vehicles: the Model S sedan and the Model X sport utility vehicle (SUV). The Company has delivered over 107,000 Model S vehicles across the world. In addition to developing its own vehicles, it sells energy storage products.

5 Day Chart for NASDAQ:TSLA

Receive News & Ratings for Tesla Motors Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesla Motors Inc. and related companies with MarketBeat.com's FREE daily email newsletter.