J.P. Morgan Analyst Reiterates Buy Rating on Plug Power, PLUG
Paul Coster analyst at J.P. Morgan reiterates coverage on Plug Power (PLUG) in the EV sector with a Buy rating. TipRanks.com has Coster rated as a 3.2 star analyst with a 44% return on investment and a 1.5% success rate. Coster has set a price target of $28.
TipRanks.com reports that Plug Power currently has 14 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $34.62. The target pricing ranges from a high forecast of $78.00 down to a low forecast of $18.00. Plug Power (PLUG)’s last closing price was $16.08 which would put the average price target at 113.37% upside.
In addition, TradingView issued a Sell rating for PLUG over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on PLUG.
Other analysts covering PLUG include:
- Gregory Lewis of BTIG issued a Buy rating with the price target of $ 40 on 1 week ago
- Biju Perincheril of Susquehanna issued a Buy rating with the price target of $ 30 on 1 week ago
- Stephen Byrd of Morgan Stanley issued a Buy rating with the price target of $ 43 on 2 weeks ago
- Ameet Thakkar of BMO Capital issued a Hold rating with the price target of $ 25 on 3 weeks ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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