In a report released today, Noah Kaye from Oppenheimer maintained a Hold rating on PureCycle Technologies (PCT – Research Report). The company’s shares closed last Friday at $3.72.
According to TipRanks, Kaye is a 5-star analyst with an average return of 12.9% and a 61.57% success rate. Kaye covers the Industrials sector, focusing on stocks such as EnerSys, Rockwell Automation, and Waste Connections.
Currently, the analyst consensus on PureCycle Technologies is a Moderate Buy with an average price target of $7.75.
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The company has a one-year high of $11.89 and a one-year low of $2.39. Currently, PureCycle Technologies has an average volume of 4.27M.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PCT in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
PureCycle Technologies (PCT) Company Description:
Roth CH Acquisition I Co is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities.
Read More on PCT:
- Largest borrow rate increases among liquid names
- PureCycle provides Ironton purification facility production update
- Craig-Hallum downgrades PureCycle Technologies to Hold, cuts price target to $4
- PureCycle Technologies downgraded to Hold from Buy at Craig-Hallum
- PureCycle Technologies price target lowered to $6 from $8 at TD Cowen
