Rosenblatt Securities Reiterates Buy Rating for Webull (NASDAQ:BULL)

Webull (NASDAQ:BULL)‘s stock had its “buy” rating reissued by analysts at Rosenblatt Securities in a report released on Wednesday,Benzinga reports. They presently have a $12.00 price objective on the stock. Rosenblatt Securities’ target price would indicate a potential upside of 118.18% from the company’s current price.

Several other brokerages have also commented on BULL. Zacks Research lowered Webull from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Weiss Ratings raised Webull from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, June 3rd. Wall Street Zen downgraded shares of Webull from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. Finally, Compass Point initiated coverage on shares of Webull in a research note on Monday, March 9th. They set a “buy” rating and a $9.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Webull has an average rating of “Moderate Buy” and a consensus price target of $13.00.

Webull Stock Performance

Webull stock opened at $5.50 on Wednesday. The business’s 50-day moving average price is $6.27 and its two-hundred day moving average price is $6.95. The stock has a market cap of $2.93 billion, a PE ratio of -4.74 and a beta of 0.56. Webull has a 12-month low of $4.50 and a 12-month high of $18.32. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.06.

Hedge Funds Weigh In On Webull

A number of large investors have recently made changes to their positions in BULL. Legal & General Group Plc bought a new position in Webull in the 3rd quarter valued at $26,000. Osaic Holdings Inc. purchased a new position in Webull during the second quarter worth about $30,000. Los Angeles Capital Management LLC bought a new position in Webull in the 4th quarter worth about $34,000. Jones Financial Companies Lllp raised its holdings in shares of Webull by 860.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 2,959 shares of the company’s stock valued at $45,000 after acquiring an additional 2,651 shares in the last quarter. Finally, Ritter Alpha LP bought a new stake in shares of Webull during the 1st quarter valued at about $48,000. 92.48% of the stock is owned by institutional investors.

About Webull

Webull Financial LLC is a commission-free online brokerage platform that provides individual investors with access to U.S. equities, exchange-traded funds (ETFs), options, and cryptocurrencies. Through its mobile and desktop applications, the company offers real-time market data, advanced charting tools, customizable watchlists, and streamlined order execution. Webull’s platform is designed to support both self-directed traders and investors seeking an intuitive interface coupled with professional-grade analytics.

In addition to its core trading services, Webull delivers educational resources and research tools to help users make informed decisions.