Analysts Set $2.00 Price Target for Recon Technology, Ltd. (RCON)
Recon Technology, Ltd. (NASDAQ:RCON) has earned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.
Brokers have set a one year consensus price objective of $2.00 for the company, according to Zacks. Zacks has also assigned Recon Technology an industry rank of 223 out of 256 based on the ratings given to its competitors.
RCON has been the subject of a number of recent research reports. Maxim Group reissued a “buy” rating and set a $2.00 price target on shares of Recon Technology in a research report on Tuesday, October 2nd. ValuEngine lowered shares of Recon Technology from a “hold” rating to a “sell” rating in a research report on Friday, November 23rd.
About Recon Technology
Recon Technology, Ltd. provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in the People's Republic of China. The company offers equipment, tools, and other hardware related to oilfield production and management, and transportation; and develops and sells industrial automation control and information solutions.
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