Canaccord Genuity Analyst Reiterates Hold Rating on Plug Power, PLUG
Jonathan Dorsheimer analyst at Canaccord Genuity reiterates coverage on Plug Power (PLUG) in the Technology sector with a Hold rating. TipRanks.com has Dorsheimer rated as a 4.9 star analyst with a 51% return on investment and a 28.5% success rate. Dorsheimer has set a price target of $ 21.
TipRanks.com reports that Plug Power currently has 13 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $41.15. The target pricing ranges from a high forecast of $78.00 down to a low forecast of $21.00. Plug Power (PLUG)’s last closing price was $25.93 which would put the average price target at 58.70% upside.
In addition, TradingView issued a Buy rating for PLUG over the next month, Barchart.com has a sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on PLUG.
Other analysts covering PLUG include:
- Leo Mariani of KeyBanc issued a Buy rating with the price target of $ 40 on 6 days ago
- Amit Dayal of H.C. Wainwright issued a Buy rating with the price target of $ 78 on 6 days ago
- Biju Perincheril of Susquehanna issued a Buy rating with the price target of $ 30 on 6 days ago
- Bill Peterson of J.P. Morgan issued a Buy rating with the price target of $ 38 on 6 days ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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