Bloom Energy (BE – Research Report) received a Hold rating and price target from KeyBanc analyst Sangita Jain today. The company’s shares closed yesterday at $11.97.
According to TipRanks, Jain is a 3-star analyst with an average return of 3.3% and a 68.42% success rate. Jain covers the Industrials sector, focusing on stocks such as Aecom Technology, Jacobs Solutions, and Plug Power.
In addition to KeyBanc, Bloom Energy also received a Hold from Redburn Atlantic’s Skye Landon in a report issued on February 6. However, on February 1, Morgan Stanley reiterated a Buy rating on Bloom Energy (NYSE: BE).
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The company has a one-year high of $23.52 and a one-year low of $9.51. Currently, Bloom Energy has an average volume of 4.6M.
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Bloom Energy (BE) Company Description:
Bloom Energy Corp. engages in the manufacture and installation of on-site distributed power generators. Its product, Bloom Energy Server, converts standard low-pressure natural gas or biogas into electricity through an electrochemical process without combustion. The company was founded by K. R. Sridhar, John Finn, Jim McElroy, Matthias Gottmann, and Dien Nguyen on January 18, 2001 and is headquartered in San Jose, CA.
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