Plug Power (PLUG) PT Set at $4.00 by B. Riley
A number of other research firms have also issued reports on PLUG. Zacks Investment Research upgraded Plug Power from a sell rating to a hold rating in a research note on Tuesday, October 17th. Cowen reiterated a buy rating and issued a $3.00 target price on shares of Plug Power in a research note on Tuesday, October 17th. FBR & Co reiterated a buy rating on shares of Plug Power in a research note on Tuesday, October 31st. HC Wainwright reiterated a buy rating and issued a $4.00 target price on shares of Plug Power in a research note on Thursday, November 9th. Finally, Canaccord Genuity began coverage on Plug Power in a research note on Friday, December 1st. They issued a buy rating and a $5.00 target price for the company. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the stock. Plug Power presently has a consensus rating of Hold and an average target price of $3.28.
Shares of Plug Power (NASDAQ PLUG) opened at $1.70 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.86 and a current ratio of 1.29. Plug Power has a 12 month low of $0.84 and a 12 month high of $3.21.
COPYRIGHT VIOLATION WARNING: “Plug Power (PLUG) PT Set at $4.00 by B. Riley” was first reported by TheOlympiaReport and is the property of of TheOlympiaReport. If you are viewing this news story on another publication, it was stolen and reposted in violation of U.S. & international copyright & trademark law. The correct version of this news story can be accessed at https://theolympiareport.com/2018/02/12/plug-power-plug-pt-set-at-4-00-by-b-riley.html.
Plug Power Company Profile
Plug Power Inc is a provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used for the industrial off-road market and the stationary power market. The Company’s product line includes GenKey, GenDrive, GenFuel, GenCare and ReliOn.
Receive News & Ratings for Plug Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Plug Power and related companies with MarketBeat.com's FREE daily email newsletter.