In a report released today, Edward Reilly from EF Hutton maintained a Buy rating on AMMO (POWW – Research Report), with a price target of $3.00. The company’s shares closed yesterday at $1.96.
Reilly covers the Services sector, focusing on stocks such as Hudson Global, IDW Media Holdings, and Selina Hospitality. According to TipRanks, Reilly has an average return of -20.6% and a 36.00% success rate on recommended stocks.
AMMO has an analyst consensus of Moderate Buy, with a price target consensus of $4.00, which is a 104.60% upside from current levels. In a report released yesterday, Lake Street also maintained a Buy rating on the stock with a $5.00 price target.
See the top stocks recommended by analysts >>
The company has a one-year high of $6.06 and a one-year low of $1.56. Currently, AMMO has an average volume of 1.06M.
Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of POWW in relation to earlier this year.
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.
AMMO, Inc. engages in the design, manufacture and sale of ammunition products. It distributes its products under the following brands: Jesse James, SHIELD, and One Precise Shot. The company was founded in November 1990 and is headquartered in Scottsdale, AZ.
Read More on POWW:
