Coinbase Global Stock: Buy, Sell, or Hold?
Coinbase Global's (NASDAQ: COIN) stock more than doubled over the past 12 months. Most of that growth was driven by the warming cryptocurrency market, which attracted more investors as interest rates declined. President Trump's electoral victory amplified those gains as his more crypto-friendly administration took over.
But is it the right time to buy, sell, or hold Coinbase's stock right now? Let's review its business model, growth rates, and valuations to decide.
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Source Fool.com
Coinbase Global Inc. Stock
€211.70
-1.530%
Currently there is a rather positive sentiment for Coinbase Global Inc. with 49 Buy predictions and 5 Sell predictions.
With a target price of 319 € there is a hugely positive potential of 50.68% for Coinbase Global Inc. compared to the current price of 211.7 €.
