There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Microvast Holdings (MVST – Research Report) and Seanergy Maritime (SHIP – Research Report) with bullish sentiments.
Microvast Holdings (MVST)
Janney Montgomery analyst Sean Milligan maintained a Buy rating on Microvast Holdings today. The company’s shares closed last Thursday at $1.30.
According to TipRanks.com, Milligan is ranked #7724 out of 8631 analysts.
Currently, the analyst consensus on Microvast Holdings is a Strong Buy with an average price target of $8.00, which is a 525.0% upside from current levels. In a report issued on November 10, Oppenheimer also reiterated a Buy rating on the stock with a $8.00 price target.
See today’s best-performing stocks on TipRanks >>
Seanergy Maritime (SHIP)
Maxim Group analyst Tate Sullivan reiterated a Buy rating on Seanergy Maritime yesterday and set a price target of $14.00. The company’s shares closed last Thursday at $5.45.
According to TipRanks.com, Sullivan is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Seanergy Maritime with a $14.00 average price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on MVST:
