DDC Enterprise (DDC, Financial) has unveiled a significant development in its Bitcoin management strategy by forming a custody alliance with BitGo Trust Company. Known for its leading role in providing digital asset solutions, BitGo Trust Company will enhance DDC's institutional handling of Bitcoin assets. This partnership marks a strategic step forward in DDC's approach to safeguarding its cryptocurrency investments.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for DDC Enterprise Ltd (DDC, Financial) is $25.00 with a high estimate of $25.00 and a low estimate of $25.00. The average target implies an upside of 122.82% from the current price of $11.22. More detailed estimate data can be found on the DDC Enterprise Ltd (DDC) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, DDC Enterprise Ltd's (DDC, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.