H.C. Wainwright analyst Amit Dayal maintained a Buy rating on SenesTech (SNES – Research Report) today and set a price target of $4.00. The company’s shares closed yesterday at $1.25.
Dayal covers the Industrial Goods sector, focusing on stocks such as Broadwind Energy, Ballard Power Systems, and Ceco Environmental. According to TipRanks, Dayal has an average return of 36.5% and a 39.68% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SenesTech with a $4.00 average price target.
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Based on SenesTech’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $233 thousand and a GAAP net loss of $2.04 million. In comparison, last year the company earned a revenue of $195 thousand and had a GAAP net loss of $2.33 million
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SenesTech, Inc. engages in the development and commercialization of a proprietary technology for the management of animal pest populations, primarily rat populations through fertility control. Its first fertility control product candidate is ContraPest. The company was founded by Loretta P. Mayer and Cheryl A. Dyer in July 2004 and is headquartered in Flagstaff, AZ.
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