There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Plug Power (PLUG – Research Report) and Rcm Technologies (RCMT – Research Report) with bullish sentiments.
Plug Power (PLUG)
HSBC analyst Samantha Hoh maintained a Buy rating on Plug Power yesterday and set a price target of $7.80. The company’s shares closed last Tuesday at $3.44, close to its 52-week low of $2.25.
According to TipRanks.com, Hoh is ranked #5474 out of 8848 analysts.
Currently, the analyst consensus on Plug Power is a Hold with an average price target of $4.94, which is a 1.0% upside from current levels. In a report issued on May 10, H.C. Wainwright also maintained a Buy rating on the stock with a $18.00 price target.
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Rcm Technologies (RCMT)
Benchmark Co. analyst Bill Sutherland reiterated a Buy rating on Rcm Technologies today and set a price target of $33.00. The company’s shares closed last Tuesday at $21.82.
According to TipRanks.com, Sutherland has 0 stars on 0-5 stars ranking scale with an average return of
Currently, the analyst consensus on Rcm Technologies is a Moderate Buy with an average price target of $33.00.
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Read More on PLUG:
- Plug to Revolutionize Middle-Mile Delivery with Class 6 Fuel Cell Electric Truck Integration
- Plug Power (NASDAQ:PLUG) Soars Following Conditional DoE Funding
- Plug Power Secures $1.66B DOE Loan for Green Hydrogen Expansion
- Plug Power price target lowered to $3 from $4 at Canaccord
- Plug Power or Sunrun: Top Analyst Colin Rusch Chooses the Superior Renewable Energy Stock to Buy
