R.F. Lafferty analyst Jaime Perez maintained a Buy rating on Canoo (GOEV – Research Report) today and set a price target of $3.00. The company’s shares closed last Friday at $0.65.
Perez covers the Consumer Goods sector, focusing on stocks such as Workhorse Group, Fisker, and Canoo. According to TipRanks, Perez has an average return of -21.2% and a 24.04% success rate on recommended stocks.
Canoo has an analyst consensus of Moderate Buy, with a price target consensus of $6.50, an 896.02% upside from current levels. In a report released on March 31, H.C. Wainwright also maintained a Buy rating on the stock with a $10.00 price target.
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GOEV market cap is currently $309.4M and has a P/E ratio of -0.35.
Based on the recent corporate insider activity of 40 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 GOEV 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.
Hennessy Capital Acquisition Corp. IV operates as a blank check company. It has no operations nor does it currently engage in any business activities generating revenues. The company was founded in August 2018 and is headquartered in Wilson, WY.
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