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Analysts Offer Insights on Industrial Goods Companies: FREYR Battery (FREY) and Upwork (UPWK)

Analysts fell to the sidelines weighing in on FREYR Battery (FREYResearch Report) and Upwork (UPWKResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

FREYR Battery (FREY)

BTIG analyst Gregory Lewis maintained a Hold rating on FREYR Battery on December 28. The company’s shares closed last Friday at $1.87, close to its 52-week low of $1.40.

According to TipRanks.com, Lewis is a 1-star analyst with an average return of -1.2% and a 47.4% success rate. Lewis covers the Industrial Goods sector, focusing on stocks such as Eagle Bulk Shipping, Golden Ocean Group, and Chart Industries.

The word on The Street in general, suggests a Hold analyst consensus rating for FREYR Battery with a $2.97 average price target.

See today’s best-performing stocks on TipRanks >>

Upwork (UPWK)

In a report issued on December 28, Marvin Fong from BTIG maintained a Hold rating on Upwork. The company’s shares closed last Friday at $14.87, close to its 52-week high of $15.95.

According to TipRanks.com, Fong has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -9.3% and a 38.7% success rate. Fong covers the NA sector, focusing on stocks such as Mercadolibre, Beyond Inc, and Farfetch.

Upwork has an analyst consensus of Moderate Buy, with a price target consensus of $16.50.

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