BMO Capital Stick to Their Buy Rating for Galaxy Digital Holhttps://www.investing.com/news/bmo-capital-stick-to-their-buy-rating-for-galaxy-digital-holdings-ltd-2718752 BMO Capital Stick to Their Buy Rating for Galaxy Digital Holdings Ltd. BMO Capital analyst Deepak Kaushal maintained a Buy rating on Galaxy Digital Holdings Ltd. on Monday, setting a price target of C$44, which is approximately 98.83% above the present share price of $17.16.
Kaushal expects Galaxy Digital Holdings Ltd. to post earnings per share (EPS) of $1.15 for the fourth quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Galaxy Digital Holdings, with an average price target of $32.11.
The analysts price targets range from a high of $37.22 to a low of $25.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $0 and a net profit of -$3.51 million. The company's market cap is $7.5 billion.
According to TipRanks.com, BMO Capital analyst Deepak Kaushal is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 22.5% and a 57.42% success rate.
Galaxy Digital Holdings Ltd. is a multi-service merchant bank dedicated to the digital assets and blockchain technology industry. It operates through the following business lines: Trading, Asset Management, Principal Investment, and Advisory. The Trading business covers arbitrage, macro, and market making. The Asset Management business manages external capital across passive and ecosystem funds. The Principal Investment business includes private equity, venture, public equity, ICO investments, Pre-ICO investments, and liquid and illiquid cryptocurrencies. The Advisory business includes capital markets, mergers and acquisitions, restructuring, and technical consulting services to both start-ups and established institutions. The company was founded by Michael Edward Novogratz on July 31, 2018 and is headquartered in New York, NY.