GreenPower Motor (GPV – Research Report), was revisited by a Wall Street analyst yesterday. The NA company, GreenPower Motor (TSXV: GPV) has just received a rating update from a Wall Street analyst.
According to TipRanks.com, Sullivan is a 5-star analyst with an average return of 18.8% and a 44.4% success rate. Sullivan covers the Industrial Goods sector, focusing on stocks such as Seanergy Maritime, Globus Maritime, and ABM Industries.
Currently, the analyst consensus on GreenPower Motor is a Strong Buy with an average price target of C$41.26, implying a 626.4% upside from current levels. In a report issued on August 2, Goldman Sachs also maintained a Buy rating on the stock with a $80.00 price target.
The company has a one-year high of C$7.00 and a one-year low of C$2.27. Currently, GreenPower Motor has an average volume of 13.38K.
GreenPower Motor Company Inc is the manufacturer and distributor of an all-electric charter, school and city buses. The company offers electric-powered transit bus deploying electric drive and battery technologies with a lightweight chassis and low floor body. Its product line includes All-electric transit buses and All-electric school and shuttle buses. The company’s buses depend on clean sheet design and utilize a custom battery management system and a proprietary flex power system for the drive motors.
The company’s shares closed last Tuesday at C$5.34.
Read More on TSE:GPV:
- GreenPower Announces Record Deliveries and Record Revenue of $17.6 million for First Quarter Fiscal 2024
- GreenPower Motor reports Q1 revenue $17.6M, consensus $16.3M
- GreenPower Motor appoints Kingmor as dealer for electric school buses
- GreenPower Motor shares to resume trading on TSX Venture July 21
- GreenPower Motor announces revocation of cease trade offer
