Not too much action today, Bentley Systems drifted down slightly. We'll see where it goes next.
Currently BSY isn't at a clear support/resistance line that seems tradable. Bentley Systems hasn't established a very strong momentum in either direction over the last 3 months. We'll see if a stronger consensus among market participants emerges. BSY might find some support at the 44.65 level, buyers might push the price back up from here. But it's not very clear what will happen.
The analysts feel fairly neutral on the prospects for Bentley Systems but a little more positive than negative. The current Analysts Sentiment Score is 13.97. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. William Blair initiated a rating of Outperform on 2024-03-28. Piper Sandler reiterated a rating of Overweight on 2024-02-28 and added a price target of $60.00. Royal Bank of Canada announced that they are reiterating a rating of Outperform on 2024-02-28 and added a price target of $61.00. Rosenblatt Securities upgraded from Neutral to Buy on 2024-02-26 and moved up their price target to $60.00 which is a 11.11% increase. Robert W. Baird provided a price target boost of 1.72% to $59.00 from $58.00 on 2024-02-06. KeyCorp provided a price target boost of 1.64% to $62.00 from $61.00 on 2023-11-08. Oppenheimer gave a boost to their price target and moved to $64.00 from $63.00 on 2023-08-09. On 2023-08-09 there was a downgrade announced by Wolfe Research from Outperform to Peer Perform. Mizuho gave a boost to their price target and moved to $55.00 from $51.00 on 2023-07-17. The Goldman Sachs Group downgraded from Buy to Neutral on 2023-05-11 but also increased their price target by 4.44% to $47.00.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| BSY | 13.97 | 22.54 | -0.78 | 6.19 | 0 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| BSY | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| BSY | 0 | %0 | 0 | 0 | 0 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| BSY |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
