Reportedly, Perincheri’s price target for the stock is $26. To the roster of PLUG stock bulls, we can add Susquehanna Financial Group analyst Biju Perincheri. With crucial joint ventures abroad, the company could “grow its business internationally as Europe, South Korea, and Australia are very focused on making hydrogen an integral part of their energy futures,” the KeyBanc analyst explained. Mariani focused not so much on the Frames Group acquisition, but on Plug Power’s international expansion efforts. Meanwhile, KeyBanc Capital Markets analyst Leo Mariani initiated coverage of PLUG stock with an “overweight” rating and a price target of $40. “The Frames Group’s process and control systems integration expertise, combined with Plug Power’s world-class electrolyzer stack technology, will help us attain our goal of producing over 1,000 tons per day of green hydrogen by 2028,” Plug Power CEO Andy Marsh said at the time. Plug Power finalized its acquisition of Frames Group, which specializes in turnkey systems integration for the energy sector, in December 2021. Dayal believes that the company’s acquisition of Frames Group should help it achieve its objective of raising its installed electrolyzer capacity to three gigawatts by 2025. Wainwright analyst Amit Dayal maintained a “buy” rating on Plug Power, while issuing a price target of $78. How high could PLUG stock go? Let’s see what some of the experts have to say their assessments should be informational, as well as motivational. Maybe it’s reloading for another powerful advance. Today the stock is changing hands for around $22. It seems, then, that PLUG stock is a trader’s dream but an investor’s headache. Then there was the pop and the drop from $25 to $45 and back, which took place in late 2021 and early 2022. That is the case for PLUG stock as volatility is the norm for it, and the risk posed by this clean-energy company is high.ĭo you recall the time in late 2020 and early 2021 when the stock made a round trip from $25 to $70 and back? It’s likely that Reddit users precipitated that rally, though I can’t actually prove it. The peaks are high, and the valleys are deep. In light of the company’s bullish catalysts, some experts on Wall Street are predicting upcoming gains by the stock. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies)Ĭalendars and Economy: 'Actual' numbers are added to the table after economic reports are released.Besides, not everyone is bearish on Plug Power. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.Ĭryptocurrencies: Cryptocurrency quotes are updated in real-time. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright 2019© Refinitiv. Data may be intentionally delayed pursuant to supplier requirements. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Source: FactSetĭata are provided 'as is' for informational purposes only and are not intended for trading purposes. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Sources: FactSet, Tullett PrebonĬommodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Sources: FactSet, Tullett PrebonĬurrencies: Currency quotes are updated in real-time. Sources: FactSet, Dow Jonesīonds: Bond quotes are updated in real-time. Sources: FactSet, Dow JonesĮTF Movers: Includes ETFs & ETNs with volume of at least 50,000. Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Overview page represent trading in all U.S. Indexes: Index quotes may be real-time or delayed as per exchange requirements refer to time stamps for information on any delays. Copyright 2019© FactSet Research Systems Inc. Fundamental company data and analyst estimates provided by FactSet. International stock quotes are delayed as per exchange requirements. stock quotes reflect trades reported through Nasdaq only comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |