D.A. Davidson analyst Michael Shlisky maintained a Hold rating on Workhorse Group (WKHS – Research Report) today and set a price target of $1.50. The company’s shares opened today at $0.87.
According to TipRanks, Shlisky is an analyst with an average return of -2.1% and a 35.87% success rate. Shlisky covers the Industrials sector, focusing on stocks such as Wabash National, Deere, and Alamo Group.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Workhorse Group with a $2.83 average price target.
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The company has a one-year high of $4.44 and a one-year low of $0.71. Currently, Workhorse Group has an average volume of 10.02M.
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Workhorse Group, Inc. engages in designing and build performance battery-electric vehicles and aircraft. It develops cloud-based, real-time telematics performance monitoring systems. The firm operates in two divisions, Automotive and Aviation. The Automotive division operates as a original equipment manufacturer of class 3-6 commercial-grade, medium-duty truck chassis, marketed under the Workhorse brand. The Aviation division offers delivery drones and SureFly multicopter. The company was founded by Stephen S. Burns on February 20, 2007 and is headquartered in Loveland, OH.
Read More on WKHS:
- Workhorse Encourages Stockholders to Vote FOR Long-term Growth and Stockholder Value Creation
- Workhorse Group encourages stockholders to vote FOR proposal
- Workhorse Group price target lowered to $4 from $5 at R.F. Lafferty
- Workhorse Group reports Q2 EPS (12c), consensus (15c)
- Workhorse Group Reports Second Quarter 2023 Results
