Plug Power (PLUG – Research Report) received a Buy rating and price target from Craig-Hallum analyst Eric Stine today. The company’s shares closed yesterday at $3.73.
According to TipRanks, Stine is a 4-star analyst with an average return of 5.9% and a 36.84% success rate. Stine covers the Industrials sector, focusing on stocks such as Plug Power, PureCycle Technologies, and Chart Industries.
Plug Power has an analyst consensus of Hold, with a price target consensus of $5.30.
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The company has a one-year high of $15.08 and a one-year low of $2.26. Currently, Plug Power has an average volume of 43.86M.
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Plug Power (PLUG) Company Description:
New York-based Plug Power, Inc. is an electrical equipment manufacturing company. It develops hydrogen fuel cell systems that replace conventional batteries in equipment and vehicles powered by electricity.
Read More on PLUG:
- Plug Finalizes Contract to Support A Major U.S. Automobile Manufacturer’s Material Handling Operations
- Electric Vehicle Stocks Sputter amid Recession Fears
- Plug Power (NASDAQ:PLUG) Unveils Bold Cost-Cutting Plan
- Plug Power announces expense reduction plan to save over $75M annually
- Plug Announces Strategic Expense Reduction Plan to Save More Than $75 Million Annually
