Goldman Sachs Reaffirms Their Hold Rating on Virgin Galactic Holdings (SPCE)
Goldman Sachs analyst Noah Poponak maintained a Hold rating on Virgin Galactic Holdings today and set a price target of $3.83. The company’s shares closed yesterday at $4.06.
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Poponak covers the Industrials sector, focusing on stocks such as Ducommun, Mercury Systems, and GE Aerospace. According to TipRanks, Poponak has an average return of 6.8% and a 53.64% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Virgin Galactic Holdings with a $3.39 average price target, representing a -16.50% downside. In a report released yesterday, Susquehanna also maintained a Hold rating on the stock with a $4.00 price target.
The company has a one-year high of $8.19 and a one-year low of $2.18. Currently, Virgin Galactic Holdings has an average volume of 3.85M.
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