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0 -0.000832986255726763 -0.000416493127863455 0.00208246563931698 -0.00124947938359022 0 -0.00166597251145353 -0.00166597251145353
Stock impact report

Wall Street Analysts Think Bumble (BMBL) Is a Good Investment: Is It? [Yahoo! Finance]

Bumble Inc. - common stock (BMBL) 
Company Research Source: Yahoo! Finance
While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Bumble Inc. (BMBL) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Bumble currently has an average brokerage recommendation (ABR) of 1.68, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 22 brokerage firms. An ABR of 1.68 approximates between Strong Buy and Buy. Of the 22 recommendations that derive the current ABR, 14 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 63.6% and 4.6% of all recommendations. Brokerage Recommendation Trends for BMBL Check price target & stock forecast for Bumble here While the ABR calls for buying Bumble, it may not be wise to make an investment decision solely ba Show less Read more
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