Should you buy Ballard Power Systems (BLDP) stock?

Ballard Power Systems ( TSX:BLDP )NASDAQ:BLDP) stock is a renewable energy stock. It’s also one of the best performers on the TSX. It’s up more than 20% in 2021 and well over 200% in the last year. These returns have caught some investors’ eyes. But I think too many investors still don’t have Ballard Power Systems stock on their radars.

What is Ballard Power Systems?

Ballard Power Systems is the world-leader in developing, manufacturing and marketing zero-emission proton exchange membrane (PEM) fuel cells for use in transportation, electricity generation, portable power and other products.

What is the price target for Ballard Power?

The 14 analysts offering price forecasts for Ballard Power have a median target of 8.56, with a high estimate of 16.00 and a low estimate of 5.00. The median estimate represents a 50.02 difference from the last price of 4.28. *The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.