Craig-Hallum analyst Eric Stine maintained a Buy rating on Aspen Aerogels (ASPN – Research Report) today. The company’s shares closed yesterday at $17.90.
Stine covers the Industrials sector, focusing on stocks such as PureCycle Technologies, Plug Power, and Aspen Aerogels. According to TipRanks, Stine has an average return of 5.7% and a 36.96% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Aspen Aerogels with a $19.67 average price target, a 9.89% upside from current levels. In a report released on March 5, Roth MKM also initiated coverage with a Buy rating on the stock with a $22.00 price target.
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ASPN market cap is currently $1.34B and has a P/E ratio of -27.06.
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Aspen Aerogels (ASPN) Company Description:
Aspen Aerogels, Inc. engages in designing, developing, and manufacturing aerogel insulation used primarily in the energy infrastructure and building materials markets. It operates through Unites States and International geographical segments. Its products include Cryogel, Pyrogel, and Spaceloft. The company was founded by Hamed S. Borhanian, Patrick J. Piper, and Kang P. Lee on May 4, 2001 and is headquartered in Northborough, MA.
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