In a report released today, Robert Brown from Lake Street maintained a Buy rating on Westport Fuel Systems (WPRT – Research Report), with a price target of $19.00. The company’s shares closed last Friday at $5.56.
Brown covers the Industrials sector, focusing on stocks such as NV5 Holdings, Babcock & Wilcox Company, and Enviri. According to TipRanks, Brown has an average return of 20.6% and a 57.24% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Westport Fuel Systems with a $19.00 average price target.
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The company has a one-year high of $12.00 and a one-year low of $0.69. Currently, Westport Fuel Systems has an average volume of 42.19K.
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Westport Fuel Systems (WPRT) Company Description:
Westport Fuel Systems, Inc. engages in the engineering, manufacture, and supply of alternative fuel systems and components. It operates through the following segments: Transportation, Cummins Westport Inc. (CWI) Joint Venture, and Corporate. The Transportation segment designs, manufactures, and sells alternative fuel systems and components for transportation applications. The CWI Joint Venture segment serves the medium and heavy-duty on highway engine markets. The Corporate segment refers to the public company activities, corporate oversight, and general administrative duties. The company was founded on March 20, 1995 and is headquartered in Vancouver, Canada.
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