In a report released today, Sangita Jain from KeyBanc maintained a Hold rating on Plug Power (PLUG – Research Report). The company’s shares closed yesterday at $2.77.
According to TipRanks, Jain is a 4-star analyst with an average return of 8.9% and a 76.67% success rate. Jain covers the Industrials sector, focusing on stocks such as KBR, MasTec, and Plug Power.
Currently, the analyst consensus on Plug Power is a Hold with an average price target of $5.59, representing a 101.81% upside. In a report released yesterday, Jefferies also maintained a Hold rating on the stock with a $3.50 price target.
PLUG market cap is currently $1.93B and has a P/E ratio of -1.16.
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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.
