Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Quanta Services (PWR – Research Report) and Plug Power (PLUG – Research Report).
Quanta Services (PWR)
In a report released today, Gus Richard from Northland Securities maintained a Buy rating on Quanta Services, with a price target of $250.00. The company’s shares closed last Wednesday at $215.05, close to its 52-week high of $219.17.
According to TipRanks.com, Richard is a top 100 analyst with an average return of
Currently, the analyst consensus on Quanta Services is a Strong Buy with an average price target of $219.88, representing a 2.4% upside. In a report issued on December 19, Stifel Nicolaus also maintained a Buy rating on the stock with a $237.00 price target.
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Plug Power (PLUG)
Northland Securities analyst Abhishek Sinha maintained a Hold rating on Plug Power today and set a price target of $7.00. The company’s shares closed last Wednesday at $4.79, close to its 52-week low of $3.22.
According to TipRanks.com, Sinha is ranked #8594 out of 8665 analysts.
Plug Power has an analyst consensus of Hold, with a price target consensus of $9.28, implying a 94.1% upside from current levels. In a report issued on December 18, Jefferies also maintained a Hold rating on the stock with a $5.00 price target.
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