In a report released today, Eric Stine from Craig-Hallum maintained a Buy rating on Clean Energy Fuels (CLNE – Research Report). The company’s shares closed yesterday at $2.48.
According to TipRanks, Stine is a 4-star analyst with an average return of 9.0% and a 36.88% success rate. Stine covers the Industrials sector, focusing on stocks such as Chart Industries, Plug Power, and Aspen Aerogels.
Currently, the analyst consensus on Clean Energy Fuels is a Strong Buy with an average price target of $7.00, implying a 182.26% upside from current levels. In a report released on May 10, Jefferies also maintained a Buy rating on the stock with a $4.00 price target.
CLNE market cap is currently $553.7M and has a P/E ratio of -6.98.
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Clean Energy Fuels (CLNE) Company Description:
Clean Energy Fuels Corp. engages in the provision of natural gas as an alternative fuel for vehicle fleets in the United States and Canada. It also build and operate compressed natural gas (CNG) and liquefied natural gas (LNG) vehicle fueling stations; manufacture CNG and LNG equipment and technologies; and deliver more CNG and LNG vehicle fuel. The company was founded by T. Boone Pickens and Andrew J. Littlefair in 1996 and is headquartered in Newport Beach, CA.
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